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No big picture—this profit has me stunned too. This morning when I opened the charts, $BTC started loosening up from the highs. A few days ago, in the afternoon it bounced back in a very weak way—insufficient follow-through. The moment sell pressure came in, it got soft. I said right then: don’t chase at this spot; the short side has the smoother opportunities.
Entered around 64245.0, and now it’s at 63735.1. You already know we nailed the rhythm—+140.32% is right there in front of you. What came before was really sluggish. Even when you exit, it’s still truly tasty.
Don’t fear it grinding; fear that you panic first.
Position management is simple: close 80% first. Keep the remaining 20% to protect your cost basis. If it keeps dumping lower, let the profit run. If it rebounds back up, we won’t give the profit back.
I’d rather make less—never get deeply trapped.
Friends who didn’t get on the train, don’t rush to buy more. Chasing a short isn’t necessarily the best. Wait for a more comfortable level. The market doesn’t lack opportunities; what it lacks is patience.
$ETH $SOL