The key level zone I was watching finally gave an answer today. $COLLECT isn’t suddenly weakening; after repeated attempts to break through failed, the market itself has actively chosen to move downward.



What really caught my attention is the quality of the pullback in $COLLECT around 0.04348. The volume couldn’t keep up, yet the price has been held down and moved lower—this indicates that sell pressure above is still there. A lot of people see a small rebound and want to jump into longs, but the key is here: the softer the rebound, the clearer the cost-effectiveness of shorts becomes. Now the price has come to 0.04181, and this downswing has already priced in expectations.

Open profits have expanded to +73.81%, and the trend has clearly extended. Here I won’t keep blindly getting greedy. I’ll first take profit in batches, leave a bit of room to observe whether there’s continued momentum for further downside, and at the same time ensure the protection level keeps up.

You don’t need to fully eat every leg of a trade. If you can take what you’re supposed to take, that’s enough. If you miss this move, don’t force a chase—no new orders. Wait for the next opportunity, for a more comfortable entry level to appear.

$BTC $ETH
COLLECT10.07%
BTC-0.05%
ETH0.99%
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