When many people get more excited as prices rise, I start to watch for short opportunities. This contrarian thinking is uncomfortable, but it often gets closest to the actual market. Prices keep failing to break higher at highs – outwardly lively, but inwardly weakening.



I had already noticed this level earlier. After $SUI gave a short opportunity around 1.0030, I wasn't looking at just one line, but at the strength of the pullback. Now the price is at 0.726, with a floating profit of +1329.5%, and the volatility has opened up decisively.

The real conflict is here: most people are unwilling to admit the uptrend is over. As long as there is a little bounce, they think it can keep going up. But trading can't rely on emotions to hold on. When the structure weakens, you have to respect the chart.

Now that profits have been realized, I will first handle them in an 80/20 split, keeping the remaining position with a stop in place to continue watching, not greedy for the last leg. If you missed it, don't rush to short the bounce. Wait for a more comfortable entry.

$BTC $ETH
SUI2.86%
BTC2.73%
ETH3.15%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned