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Honestly, this market really knows how to wear people out. 🚨📉 A few days ago in the afternoon, $RIVER was still swinging back and forth on it. A lot of people saw it not dropping and wanted to rush in, but the more I watched, the more I felt something was off up above.
While everyone was still watching and waiting, I kept an eye on the rebound strength of RIVER. I noticed that every time it was pushed up, nobody stepped in—volume couldn’t keep up, and the follow-through wasn’t firm enough👀 This kind of back-and-forth at high levels—I was even more inclined to wait for the shorts to realize their profits, and handle it straight with a “go long” approach.
Now it’s moved from 7.600 down to 3.756, and the profit shows +995.63%. This bit of meat was eaten so comfortably✅🔥 The timing was nailed; all that holding the screen wasn’t in vain.
Take what you’re supposed to take.
Don’t get sentimental about profit.
In terms of execution, I’ll first close 80%, and protect the remaining 20% at the cost price🎯📌 If it keeps dumping lower, let it run. If it bounces back, don’t stubbornly hold it through strength—hold profits first.
If you didn’t catch it, don’t chase⚠️ Don’t chase a good spot—wait for it to come out. Wait for the next round of even more comfortable positioning🔔
$BTC $ETH