This pull down has been pretty direct. After multiple intraday rebounds, the price still couldn’t hold. My focus is on the continuity after heavy pressure at high levels.



$SOXL started recording from around 226.10 this time. When the price moved to 196.65, bearish feedback was already quite obvious, and the +255.15% move also counts as a rhythm being played out.

My view isn’t about a single candle line, but whether the rebound has weak or strong follow-through. These attempts to repair failed several times, which suggests the capital isn’t rushing back to cover.

The biggest risk in this kind of market is getting emotionally carried away. Once profits are made, you should pay more attention to protecting them. If you didn’t catch it, there’s no need to chase—trading isn’t about one-time volatility, but your own rhythm.

$BTC $ETH
SOXL6.67%
BTC-0.30%
ETH0.02%
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