This short trade is very comfortable. After $ICP was pushed down from the highs, the chart directly gave a response. At first, many people were still waiting for it to pull back up again, but I felt something was already off here—the bounces kept getting weaker, and the buy-side follow-through clearly couldn’t keep up.



The entry price for the short is 3.027. Now the price has dropped to 2.16, and the current profit is +1379.35%. This isn’t a case of saying “short” only after seeing it fall. Instead, several signals kept appearing in sequence: heavy pressure at the highs, a failed retracement, and key levels giving way—clearly the structure has changed.

What I care about most is its performance right after the breakdown. If it were a false breakdown, it should be quickly reclaimed, but it didn’t. Instead, it continued to push down its weight. If you have positions, you can lock in about 80% first, and use the remaining 20% with protective levels to hold—don’t give back the profits you’ve barely managed to walk out with.

If you didn’t catch up, don’t chase after your emotions. On futures, the biggest fear is getting impulsive and opening messy trades. Don’t chase the trade—wait for the next opportunity.

$BTC $ETH
ICP-1.73%
BTC-0.72%
ETH0.55%
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