Some market moves look scary, but the script was written long ago. The few high-level “fake breakouts” of $NAORIS —on the surface they look like they might keep pushing higher, but in reality they’re more like drawing in late longs; what really got my attention was that after the move was pulled up, nobody came to take it—in other words, once the price started to fall, it accelerated.



For my side, I entered my short from 0.04207, and the current price is now 0.03419. My return is currently +367.4%. After this segment plays out, the earlier hesitations have basically been confirmed: the trend extension is clear, and the pace of the bears is more decisive than I expected.

After key levels were lost, I didn’t see any decent rebound—this shows that short-term funds are no longer willing to stubbornly fight it out at high levels. If you have profit, don’t get too carried away. Most of it can be taken off first; a smaller portion can keep running with a protective stop to see whether there’s a second release later. The biggest fear is that you turn your own winning trade into a drawdown just by holding/managing it that way.

If you didn’t catch it, don’t force the chase. The market has opportunities every day—don’t chase; wait for a more comfortable position to make your move.

$BTC $ETH
NAORIS-0.56%
BTC-2.11%
ETH-1.67%
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