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Just now this leg up ripped through the disagreement on the order book. Many people were still hesitating at first, thinking $EVAA was only a weak rebound. What I saw, though, was sell pressure getting lighter and lighter; pullbacks no longer easily break down. Once this kind of change shows up, the trading rhythm isn’t the same as before anymore.
Earlier, I already paid attention to this level. When EVAA was consolidating around 0.4489, the key was right here: it doesn’t move down. This is more important than a direct rally. Because a truly weak market won’t keep giving you chances to repeatedly bounce back; it will grind through you layer by layer. As a result, now that it has moved to 1.0962, the long position profit is +2,840.87%, and the trend extension is clearly visible.
On my side, I’ll handle this in a more steady way: take-profit in batches at a 70/30 split—first secure some gains, and then follow using protective levels. If the market gives you a chance, hold on; don’t fantasize about taking every bite. What I fear most is people adding recklessly after they’re in profit. Missed opportunities aren’t something to rush—don’t chase the next order. Wait for the next chance.
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