This short position finally moved out. The order book is giving signals very decisively—there’s no annoying, grinding micro pullback; instead, after heavy pressure at high levels, it directly releases room.



When $VIRTUAL spiked higher, a lot of people were still chasing the hype. At the time, I wasn’t focused on whether it could keep pumping—I was focused on whether it would drop once the incoming buy volume couldn’t get absorbed above. What really caught my attention was that the price kept failing to get past around 0.7258, repeatedly. The rebounds became weaker and weaker, and the structure clearly changed.

After entering the short, I didn’t rush to brag. First I watched whether it could break down through the key level. Now the price is at 0.6083, and this leg of profit is already at +1148.7%. The continuation is obvious—the rhythm really is giving face.

For brothers who are in positions: profits have already been realized. You can process things in batches with an 80/20 split—take most of the results first, and keep the rest with a protection level while you continue to watch. Don’t let the profit you’ve got get eaten back by a rebound.

If you didn’t catch it, don’t rush. In positions like this, the biggest taboo is getting carried away emotionally. Don’t chase new longs and don’t chase shorts either. Wait for the next more comfortable spot to move.

$BTC $ETH
VIRTUAL13.36%
BTC0.04%
ETH0.35%
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