When the screen is filled with green candles, it’s easiest for people to rush into bottom-picking, and it’s also easiest for people to forget how to close short positions. When the price dropped during the intraday plunge, I first looked at the pullback strength of $WIF and found that the rebound stayed weak throughout. After it fell, the support didn’t quickly bounce back—so the shorts never exited.



Earlier, WIF surged around 0.1667, but with relatively low trading volume. The price seemed to be lifted, but in reality nobody was willing to keep taking orders. I then advised to wait for selling pressure to dissipate, and followed the plan to open a long—what I was waiting for was the realization after the high-pressure area failed.

Now the price has reached 0.1495, and the floating profit shows +496.89%—the answer is already on the chart. First, close 80% to lock in the gains. Set the remaining 80% with a cost-protection level. If it keeps dipping further, let the profit extend; if it rebounds, don’t give back the space you’ve already taken.

Risk control done upfront is called rationality; cutting losses after you’re already down is called self-sacrifice. Chasing losses is also dangerous—if you didn’t catch up, don’t rush to buy the tickets. The market isn’t short of opportunities; what it lacks is patience.

$BTC $ETH
WIF-3.66%
BTC-2.12%
ETH-3.11%
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