Just when I was about to go to the forum and rant, I glanced at the chart—forget it. The market’s always right. When I thought this move was completely doomed, $AAVE nonetheless held the line at the low. Even with AAVE repeatedly retesting downward, it never broke. And the sell pressure above doesn’t look as heavy as it did before. I saw that the bids were getting stronger step by step, so I judged there was a chance of a renewed push upward, and therefore I gave a go-long signal. The entry level I referred to was 88.25.



Now the price has come to 97.36, and the position performance shows +731.38%—this is a delicious bite of profit. If it’s time to take profit, then take it.

On the position sizing, first close 70%, and put the remaining 30%’s protective stop around the cost basis. If you keep pushing upward, let the profits run. No matter whether it bounces back or pulls back, don’t let the profit turn back into a key level. Even if you only make one extra percent—if you can take it away, that’s yours. More unrealized profit belongs to the market. For friends who haven’t boarded yet, don’t rush to buy more. I’d rather wait for the next round at a more comfortable position. The market never lacks opportunities; what it lacks is patience.

$BTC $ETH
AAVE1.72%
BTC-0.31%
ETH0.41%
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