$ZBT ‌Plunged 34%—why did I choose to short early?

Many people trade low-cap altcoins, and the most common mistake is this: after seeing a run-up, they think the price can keep charging higher.

But in real trading, the most dangerous spot is often when market sentiment is at its most excited.

ZBT previously bounced from a low and looked strong, around 0.148. However, it later clearly showed insufficient follow-through—after spiking up, it quickly fell back. On the 4-hour chart, it even broke below the consolidation range, and bearish pressure started to release.

I set up this ZBT short near 0.13663. With 50x leverage, the current price is around 0.09340, and the profit is already up about 1,523%.

The biggest trait of coins like these is high volatility: when money comes in, they rally fast, but when money withdraws, it also won’t be slow. Many retail traders like to look for bounce opportunities after the drop, but they ignore the fact that until the trend changes, “buying the dip” is really taking on risk.

Now ZBT has fallen into the low range. There may be a need for a short-term rebound, but if the rebound doesn’t get follow-up capital, you still need to guard against another weakening move.

After trading for so long, I’m increasingly convinced by one saying: don’t guess where the market bottom is—wait for the market to tell you the answer.

When the trend comes, follow it; when the trend hasn’t changed, wait patiently. Real profits for traders come from getting the timing right. $BTC $ETH #BTC反弹触及65000美元