After this round of shorts stepped in, the market’s feel has become very clear. Those earlier forced rebounds, when you look back, were all better entries for short positions.



For my trade in $MYX , what really caught my attention was that it saw high-volume selling at the top but couldn’t push through. Every time the price touched that area, it got pushed back down. After opening the short around 0.1975, the most important part wasn’t an immediate drop—it was that every rebound failed to hold. That indicates the overhead capital isn’t willing to keep absorbing, and the timing has already turned bearish.

Now the current price is at 0.0702, with a gain of +1269.12%, and the price action is clearly extending. In this phase, I’ll first protect the profits. If I can take it off the table, I’ll take it off; the remaining position will follow the protection level. If it keeps dropping, I’ll keep watching for continuation; if the rebound strengthens, I won’t stubbornly hold.

Futures aren’t about who’s got the biggest nerve—they’re about who can stop at the right time. If you haven’t entered, don’t get pushed into action by the downward move. Don’t chase after missing the entry. Wait for the next, more comfortable setup.

$BTC $ETH
MYX3.05%
BTC3.62%
ETH5.36%
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