The short opportunity I was watching earlier has finally been answered today. This leg in $CHIP isn’t suddenly weak—after failing to break through repeatedly at a high level, the “cracks” the chart itself revealed have shown up on the screen.



Back then, I was watching the suppression around 0.04312. Each time the price went up, it was smashed back down. A lot of people were still hesitating about whether to chase a long, but here it’s already clearly changed. The rebound isn’t strong, and the follow-through/holding is also thin. In this kind of position, I’d rather stand with the shorts and wait for confirmation.

Now it’s down to 0.03066. This short is up +1391.57%. Once the room to move opened up, the holding experience is completely different. For brothers with heavier position sizes, don’t get greedy for the very last bit—handling it in batches with an 80/20 split feels more comfortable. Use protection levels to lock in the remaining position and maintain the rhythm: if it can keep going, let it keep going; if it can’t move anymore, take the profit with you.

The biggest thing trading fears is when the direction is right but you still get thrown off by emotions. If you didn’t enter, don’t chase the short—and don’t chase the order either. Wait patiently for the next opportunity.

$BTC $ETH
CHIP-0.84%
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