I originally wanted to cut my losses and “offer” it to the gods, but the shorts themselves ended up setting the pace. During that intraday plunge, $CFX started loosening from the high point. The earlier surge didn’t have sustained buy-side support at the key level; each rebound was pressed back down by selling pressure. This kind of market structure isn’t suitable for chasing—only for waiting for the signal to land.

When the market first got smashed in the early session, I looked back at CFX’s performance and confirmed that the rebound lacked strength and the overhead pressure was still there, so I executed a long around 0.05811. The price is now at 0.04425. My profit from this round of review is +1149.45%. It wasn’t wasted time—the shorts finally cashed out the room they had.

Brothers, watch your profits. Close first for +1149.45%; don’t keep exposing the big portion you’ve already got to further volatility. Move the remaining 20% to protect the cost price—if it continues to dip further, let the profit run. Even if it bounces back, there are limits you can defend.

Not being in a position isn’t a crime—opening trades recklessly is the mistake. If you haven’t boarded yet, don’t chase this leg of the decline; wait until the next wave’s signal is confirmed before acting. There will be opportunities ahead.

$BTC ETH