Just now it looked like it was about to break through, but it immediately got smashed downward—pretty ruthless 📉🚨



A few days ago, when the market hadn’t fully started up yet in the early hours of the morning, the rebound led by $IRYS looked pretty lively, but the follow-through was clearly insufficient. Once it went up, there was nobody to take the other side, the long-squeeze (bull trap) flavor only got heavier. I reminded everyone back then not to be impulsive—watch the direction and stay bullish 👀

From 0.04802 to now 0.01248, the short positions got realized very decisively—profit +1456.85%. The earlier part was truly grinding, and once it finally moved, it was also truly comfortable 🔥✅

Don’t fear it grinding—fear you panicking first.

For position sizing, handle it in steps: close 80% first, and keep the remaining 20% protected by placing an order at the cost price. Don’t get sentimental with profits—take what you should take. The rest is up to the chart 🎯💰

If you missed it, don’t chase. Chasing from the back makes it easy to get hit ⚠️ Wait for the next signal—once a new structure forms, take another look. The market isn’t short of opportunities; what it lacks is patience 🔔

$BTC $ETH
IRYS0.56%
BTC2.87%
ETH4.56%
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