Honestly, this time the short setup wasn’t easy at the start. The price hovered around 0.4076 and pulled back and forth for a long time; the chart at one point even looked like it might keep pushing higher. But I noticed that every rally was accompanied by a quick drop—there wasn’t sustained support from the buy side. That kind of fake strength kept me holding on to my bearish call.



After opening the position, the market didn’t give an answer right away. First it grinded sideways, then it made another upward fake move. Many people probably got scared and exited. I was also a bit flustered, but I didn’t change my rhythm just because of short-term fluctuations. Later, the sell pressure released in a concentrated burst, and when the price reached 0.3478, this trade ultimately ended up recording a gain of +1042.74%.

Looking back after the profits, the most worth revisiting is why I dared to hold on then. It wasn’t because it fell that I felt I was right—because the problem at the high end had already existed; the market just used time to amplify it. The more the market torments people, the more you need to avoid getting emotional. Don’t let a single fake breakout change a judgment that was clear in the first place.

$BTC $ETH
BTC0.65%
ETH1.03%
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