This drop came in hard, and I knew that the waiting before wasn’t in vain. $FIL A few days ago, at the highs, it kept lifting its head repeatedly—on the surface it looked solid. What really caught my attention was that every time it surged up, there was no continuous buy wall. Once sell pressure came out, the price immediately snapped back.



I had already been watching this level. When FIL gave an opportunity around 0.9335, I didn’t chase longs—I handled it according to the short-side rhythm. A lot of people then still thought holding sideways meant strength, but my read was the opposite: it couldn’t move, couldn’t break through, and the volume couldn’t keep up. Something was already off here.

Now the price has hit 0.7764. This short trade is up +810.97%, and the room in the market moved out pretty decisively. If you’re heavily positioned, don’t get greedy and lose control. Splitting it 80/20 is more comfortable: lock in part of the profit first, and keep the rest with a protection level while watching for further extension.

This move wasn’t about guessing the direction—it was about waiting for the structure to show its flaws. If you didn’t get on board, don’t rush. Don’t chase the order—wait for the next opportunity.

$BTC $ETH
FIL-3.68%
BTC-1.79%
ETH-2.78%
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