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This move is really a bit ridiculous! It was grinding around in the session like it had no direction, and then one candle came down and basically slapped the answer in your face 📉🔥
For this short position: the earlier part was really grinding, and the outcome was really satisfying.
When the market was grinding for a bottom intraday, I didn’t rush to flip long, because I could see the rebound lacked follow-through—key levels overhead were constantly pressing 👀
At the time, I said to watch around 0.08210 closely for a big entry to go long. The reason was simple: it couldn’t pull up, and there was no one to take the other side.
Now the price is at 0.03473, and the return rate shows +572.25%—this chunk of profit is really comfortable to take 🎯💰
Once you understand it, execute—don’t hesitate at the last step.
Don’t get sentimental about profits.
In terms of management, I still stick to my old rules ✅: close 80% first, and protect the remaining 20% at the cost price 🛑
The majority is booked first; leave the tail position some room. If it keeps dropping, let it run. If it doesn’t, don’t let the profit become uncomfortable.
If you missed the entry, don’t chase ⚠️ Especially shorts that have already played out—chasing the back end makes it easy to get shaken by a rebound and lose your mindset.
Wait for the next time there’s a clear signal, then wait for a pullback and confirmation before looking 📢 for a good spot. What you’re waiting for is an entry that comes out, not one you chase.
$PLAY $ETH