When that fake dump candle hit during the session, many people watching $XRP probably got startled, but the result was that price went up instead. From 1.0475 to 1.1081, this trade is already showing +538.15% for now.



The most tormenting thing about this kind of market is that, on the surface, it looks like it’s about to break down, but underneath there’s steady support the whole time. Old players know that many losses in futures don’t come from being wrong about the big direction—they come from one “pin” that throws your mindset off. You just got out, and the market starts lifting right after.

This time, I didn’t rush and run along with the screen. I was watching to see whether it could quickly reclaim after the sell-off. Later feedback showed the bulls didn’t give up; instead, they opened up more room. Holding up through that first hit is crucial.

After making money, you can’t get carried away either. Take a bit when you can, and then see whether the chart gives you more space. The main force’s favorite kind of “washing” is getting people to think they’re invincible just after they make a little profit.

$BTC $ETH
XRP2.86%
BTC1.90%
ETH3.86%
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