The high-level suppression I was watching finally gave the answer today—this leg down in $EDEN was not sudden.



My short position is at 0.05794. Now the market has moved to 0.04251, and my return is already +523.68%. I’d already noticed this area earlier: the price couldn’t break through above after several attempts. Each time it rallied, it was quickly smashed back, which shows the active capital never intended to push higher again.

The key is right here. A lot of people see a bounce and want to chase longs, but what I was watching then was whether the bounce had strong support (follow-through). As it turned out, once the support weakened, price moved straight down along the key level—the extension of the move was clear, and the shorts’ tempo opened up immediately.

The biggest thing with this kind of trade is greed. After profits are released, it’s time to start protecting them. My approach is still an 80/20 staged plan: take part of the profit first, and then let the rest ride with a protective level, giving the market some room while not giving too much opportunity for a large pullback.

If you missed this one, don’t rush. Don’t chase entries, and don’t chase impulsively when emotions are at their peak—wait for the next opportunity.

$BTC $ETH
EDEN-3.23%
BTC-2.46%
ETH-1.82%
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