This price action is really a bit ridiculous! 🚨📉 A few days ago, around the early morning, it was still moving back and forth near the high level. It looked solid on the surface, but once you examine it closely, you’d know: once it goes up, nobody is there to take it. The more hollow the pull-up is, the easier it is for it to get smashed back down later.



During the intraday topping-chop, I watched the rebound strength of $ONDO and found the volume couldn’t keep up. The moment sell pressure showed up, it got pressed back. So near 0.3997, I went with a long entry direction, mainly aiming to follow the weakness—don’t force a hard fight against a fake breakout with 🎯👀

Now the price is at 0.3219, and my short position profit is +937.37%. This chunk of meat is so comfortable to take ✅💰 It’s not that the market suddenly “hands out food”—the details earlier already gave the signal.

Some money isn’t made by impulse.
If you understand it, execute—don’t hesitate at the final step.

In terms of handling, first close 80%📌 and use the remaining 20% to protect the cost basis. If it keeps dumping lower, let the profit run. And if there’s a dead-cat bounce, you don’t have to be afraid—at least the bulk has already been banked 😎🛑

If you didn’t catch it, don’t chase ⚠️ The further it falls, the more you chase, and the more likely your mindset will get distorted. Wait for the next time there’s a clear signal. Wait to see the bounce lose steam before looking again. Save your next shot for a more certain position 🔔

$BTC $ETH
ONDO2.87%
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