This sell-off just now wasn’t a normal pullback—it was a liquidation/realization move after high-level longs got broken up.



$NAORIS repeatedly couldn’t push higher earlier. What I was watching was the change in consolidation after the key level above, especially those candles where the bounce-up lost momentum—something was already off. So I entered this short from around 0.04207. Now the price has dropped to 0.03427, and the return is +365.99%, with the move extending clearly.

A lot of people saw the first wave down and hesitated, thinking it might be a fake-out. But the key is right here: if it’s strong, it should stay strong. It didn’t. Capital didn’t keep pushing upward—instead, it used the bounce to give shorts an even better entry. I won’t pretend not to notice this kind of rhythm.

Since the current profit isn’t small, I’ll first do an 80/20 split in batches: take the main position off first, and keep the tail with a protective level to see whether it can continue releasing. If you missed this leg, don’t force the chase. No chasing orders—wait for the next bounce to a more comfortable spot.

$BTC $ETH
NAORIS5.28%
BTC-1.72%
ETH-1.29%
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