To be honest, before this drop in $SNDK , I wasn’t that confident either. The price was pulling back and forth at the highs; it looked like there was still room, but the more it was like this, the more I reminded myself not to get swept along by the superficial strength.



I was watching around 2095.20. Every time SNDK pushed up a few times, it didn’t manage to create any new momentum—meanwhile, the buying support below looked weaker and weaker. A lot of people like to chase when things are lively. I used to do that too. Later, I realized that the easiest time to lose money is often when everyone thinks things are steady.

The real change came after the first break below: the retest only went halfway before it was suppressed. That detail gave me a reason to keep holding the short position. Later, when it moved to around 1811.21, the trade’s performance delivered +652.74%—basically a response to patience.

Now I don’t want to turn it into showboating—trading isn’t that romantic. Protect profits when you have to, and wait when you need to. Getting a short into the main move is already enough. If there aren’t new signals afterward, I’d rather go slower than chase the very last bit of the tail.

$BTC $ETH
SNDK2.00%
BTC2.17%
ETH1.78%
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