This short position finally paid off. $ADA has been pushed down from the highs, and what the chart is showing isn’t hesitation—it’s a direct, clear statement.



This time, my main focus was the quality of the pullback after it had been under heavy pressure at the top. When I entered around 0.2438, many people were still waiting to see if it would keep pushing higher, but what truly caught my attention was that the rebound was getting more and more hollow—the volume couldn’t keep up, yet the price was still being pinned down. This wasn’t right anymore.

Now the price is at 0.1633, and the short position profit is up to +2339.96%. The room in the market has been released pretty decisively. In plain terms, the rhythm has changed: those who were chasing longs earlier haven’t fully clocked it yet, and the sell-off has already begun to stretch into an extension.

Brothers who are in positions: once the profits are in, don’t let excitement get the better of you. I’m more inclined to handle it with an 80/20 split—take some profits off the table first, and then use the protective level to see whether there’s still room for further downside. The biggest fear for winning trades is letting them shift from active to passive—don’t let the drawdown throw your mindset off.

If you haven’t entered, there’s no need to rush. Don’t chase trades at this level, and don’t go wild chasing shorts either. Wait for the next time there’s a more comfortable position to get in.

$BTC $ETH
ADA0.73%
BTC0.61%
ETH2.98%
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