This sell-off basically wakes up most people’s high-position fantasies. $HOME A few days ago they were still pretending to be strong, and the price repeatedly pushed up—but what I’m looking at is the details: the surge had no volume, while the pullback was fast, which suggests it’s not that there are no sellers up there, but that the buy-side can’t absorb it.



The key is right here: every time the order book does a fake-out spike, it eats away at the people chasing longs. Once the liquidity gets swept out about enough, the move is likely to suddenly accelerate. I’m handling short positions around 0.02591; the core isn’t to chase the downside, but to wait for confirmation after it can’t push any higher. Now HOME has already dropped to 0.00771, and I’m up +4984.14%—this volatility range has opened up decisively.

The biggest fear in this kind of market is letting emotions run wild. Even winning positions can’t be held recklessly. I’ll push the protection level lower—first take off the main position, and keep a little to watch momentum. Don’t rush in just because it’s down. Good short entries are when price is under pressure at high levels, not after everyone has already reacted; don’t chase—wait for a more comfortable spot.

$BTC $ETH
HOME-7.01%
BTC2.05%
ETH1.37%
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