$RAVE ’s drop has moved very decisively—those annoying choppy swings finally gave way to direction. The short went from 0.4506 to 0.2732 now; current profit is +965.41%. You don’t always have to wait for a big行情—what matters is being in the right position. Once it extends after breaking down under pressure, that’s enough to eat the move.



Back then, what I was watching was how RAVE kept repeatedly failing to break above, and how each pullback went deeper. This kind of action can easily be misread as building energy, but what I cared more about was that the buy-side couldn’t keep up. After the structure clearly changed, going long again would be easy to get caught off guard—while the short became much more straightforward.

Now this trade already has a sense of realization. For those with larger positions, don’t just stare at the floating profit and enjoy it—handling it in an 80/20 split is steadier. Keep the protection level in line, so at least you don’t let the gains you already locked in get massively given back. The market will keep having pullbacks; a sharp drop might also trigger a relief rally that washes people out. If you haven’t entered, don’t be in a hurry—don’t chase, and don’t chase shorts at key levels. Wait for the next opportunity to show up and then act.

$BTC $ETH
RAVE-3.65%
ETH0.82%
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