This sell-off just now was very typical. $BNB first swept through the upper area, giving people the illusion that it was going to keep pushing up—then, not long after, it started to get hammered downward. A lot of people were lured in by that snapback pullback. What I was watching wasn’t how aggressively it had surged, but whether there would be follow-through after it topped and ran higher.



I started holding the short around 653.20. The most critical point in the process is that the price repeatedly failed to return to the strong trading range, which shows that the selling pressure above has been persistent. You can’t judge the market only by a single K-line. The more it looks like it’s about to break out, the more you need to watch whether the funds are willing to keep stepping in and supporting it.

Now the price is at 580.55. The unrealized profit shows +789.17%, and the room for price movement has opened up. Here, I choose to do 80/20 first: I take some of the main profit off immediately, and use the protective level to lock the rest. I’m not afraid to make less—I’m afraid that even if I’m clearly right, the final gains get ground down by a pullback.

This short is about patience, not impulse. If you missed it, don’t rush—don’t chase the trade, and don’t open shorts recklessly just as price keeps falling; wait for a more comfortable position.

$BTC $ETH
BNB-0.15%
BTC-0.05%
ETH1.99%
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