This pullback is quite interesting today. On the surface, it looks like a sudden dump, but in reality it’s more like a concentrated release after the previous batch of buy orders that were chasing got slowly consumed. $MAV has been ranging at the high level for so long— the more it grinds, the less it looks like buildup. Instead, it feels like it’s waiting for buy-side demand to exhaust itself.



What I was looking at wasn’t how much it dropped, but whether anyone was willing to take the rebound. That’s the key: several attempts to pull back were all beaten down, which shows the capital above has a very clear attitude— they want a breakout, but nobody is willing to keep lifting the price.

The short was opened around 0.01362. After entering, I only watched two things: the rebound strength and the stop/protection level. Now the price has been pushed down to 0.00939; the unrealized profit shows +1488.58%, and the move’s extension is obvious. Once this kind of rhythm plays out, don’t keep fiddling with it.

For now, take profit in batches using an 80/20 approach, and keep the remaining position following the protection level. The profit-taking phase is the easiest time to get carried away by emotions— don’t change the plan just because of one rebound wick. If you didn’t get in, there’s no need to rush. Don’t chase more orders and don’t chase lows; wait for the next opportunity.

$BTC $ETH
MAV1.42%
BTC3.43%
ETH5.00%
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