This drop just now was crucial. $SIREN didn’t suddenly become weak—it was only after the market failed to hold the high zone repeatedly that the bears truly started taking control of the rhythm.



Many people saw the first pullback and thought it was just a wash, but I was watching the strength of the rebound. Each time the price approached the key levels overhead, it was pushed back down. Something was already off. The real signal wasn’t a single bearish candle, but that rebounds kept getting shorter, support kept getting weaker, and the market began actively searching for liquidity to the downside.

My short position is at 0.46953. The current price has dropped to 0.02794, and my return is already +2306.36%. This segment of the move is clearly extending. After the panic orders came out, the rate at which shorts were realized was smoother than expected. Those who hesitated earlier are only now reacting.

Here, I’ll first manage it with an 80/20 staged approach: protect the main profits first, and use the remaining position to follow with protection levels—don’t be greedy for the last bite. If you haven’t entered, don’t rush. In this kind of fast selloff, don’t chase randomly. Don’t chase the order—wait for a more comfortable position before moving.

$BTC $ETH
SIREN0.07%
BTC0.61%
ETH2.00%
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