I’ve got this short position very clearly. $VIRTUAL isn’t suddenly weak—it already showed flaws earlier.



When the price kept failing to push above around 0.7258, I felt the structure had clearly changed. On the surface, people are still calling for a rebound, but the order book’s support is getting weaker and weaker. Each pullback peak is lower than the last. This kind of rhythm doesn’t follow the shorts—it’s more likely to be swayed off by bullish sentiment.

Now it’s at 0.622, and the return is already +1014.76%. This move’s upside/downside room has been released very directly. My view is simple: if the higher level can’t reclaim control again, then we’ll keep looking for liquidity below, until someone is willing to absorb it.

Your profit isn’t small right now—if you’re heavily positioned, don’t hold to the end blindly. An 80/20 approach to scale out in batches fits this kind of downtrend better. Take the bulk off first, then manage the remainder with protection levels, so you keep your initiative. Don’t turn a good trade into an emotional one.

If you haven’t entered, don’t rush just because you see the gains. The more this happens, the more you need restraint. Don’t chase—wait for the next opportunity, and move only when the position feels comfortable.

$BTC $ETH
VIRTUAL4.15%
BTC-0.39%
ETH1.79%
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