There’s nothing fancy about this move. What really feels good is that the shorts finally tore open the hard-pressed resistance at the high end. During the intraday plunge, $CFX first repeatedly probed upward, and then the buy-side follow-through failed—once the price loosened, the pullback speed clearly accelerated.



When I was watching CFX, I noticed the rebound kept getting blocked in succession. The sell pressure was strong, and the volume and price action didn’t match up nicely either. When the price touched around 0.05811, I executed a go-long. The key point in the alert was: don’t get tricked into chasing that final push higher.

Now the price is at 0.0462, and the floating profit shows +987.02%. This short position has finally delivered its response—the waiting hasn’t been wasted.

Take the profits first: close +987.2%. Then keep the remaining 98% under observation, with the protection level moved back near the cost basis. If the price keeps dipping further, let the profit run for a bit longer. If there’s a rebound pullback, exit according to discipline—don’t let emotions steer you.

I’d rather miss a position than have a hand full of thrown knives. Chasing orders easily get stuck at the top of the mountain. Wait for the next wave of signals to act—there are still opportunities. Don’t rush.

$BTC $ETH
CFX1.36%
BTC-0.75%
ETH-0.01%
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