A few days ago, when I was watching the charts, I actually noticed some changes already. After HYPE surged a few times in front, it didn’t get through—on the surface the market looked lively, but I couldn’t shake the feeling that the buy-side wasn’t that solid. In that kind of situation, I actually don’t feel like chasing longs.



Later, after waiting until around 65.937, I slowly started placing my short orders. To be honest, when I first got in, it wasn’t easy—the price pushed up and tapped back a few times, which really tested my mindset. I believe a lot of people have had this experience: you’re right on direction, but the process is deliberately torturous.

From 65.937 all the way down to 63.363, the real feedback only came out here. The PnL shows +277.95%. I didn’t exit at the key level, and I also didn’t plan to capture the entire move—just being able to catch the main rhythm is enough.

My personal view is very clear: when the price at the high keeps trying and can’t break through, don’t only focus on getting on board—also think about who’s taking the last step. Now my short position has already realized part of the profit; afterward, first hold the rhythm and don’t let the profit get pulled back by a rebound.

$BTC $ETH
HYPE-6.11%
BTC-0.98%
ETH-0.86%
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