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Log the drop process for this $XRP . The price had been grinding around the key level area for a while; it still looked fairly calm on the surface, but my attention had already shifted to whether the support was weakening. Once the next leg of the move came out, the direction became obvious.
The entry price for this short was 1.1661. The price later pulled back to 1.072. The feedback from the entry price to the current price is quite clear—the current return is +749.34%.
There were also twists and turns in the middle, but overall the pace was still on the weak side, especially because the rebounds didn’t last. My take is that in this kind of market, you can’t just look at a single line—you have to see how the market responds after each counter-rally.
This time, closing the short to realize the profit is a confirmation of my earlier judgment, but I won’t get complacent because of one outcome. Missing volatility isn’t the real problem. What truly matters is keeping your own trading rhythm and not letting emotions lead you.
$BTC $ETH