Many people always like to ask me when I’m going to buy the dip.

But what I care about more is whether the trend has ended.

$VANRY After topping out around 0.0098, the highs have been moving lower continuously. Each 4-hour bounce is weaker than the last. For this structure, I’d rather hold a short position all the way than gamble on one reversal bullish candle.

This short was set up around 0.0080, and it’s already been up more than 4x.

At the moment, around 0.00610 is the first support. As long as this level keeps being breached, the next target is 0.00580. Even lower, there’s a chance to test the 0.00550 area.

However, trading always has a plan. If the price goes back above 0.00660 and, on the 4-hour chart, it closes back in with heavy volume, I will proactively take profit and exit—I won’t fight the market.

The real money in trading isn’t about guessing tops and bottoms, but about eating the entire trend. $BTC $ETH #GateUS合规扩展佛罗里达