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I just wanted to take a quick look at the order book, but that glance directly made the shorts laugh. When the sell-off hit the market in the early session, $CYS started loosening from the high point downward; the rebound didn’t hold. The buy pressure got weak as soon as it was met, while sell pressure kept stacking layer by layer. Everyone is still waiting for it to surge back up again—I feel more like this is a pullback window after insufficient follow-through.
Watching CYS during the day: around 0.5173, I executed a buy to open. What I saw wasn’t blind chasing shorts; it was that the upper resistance hadn’t loosened, volume didn’t keep up, and every time it bounced back, it still lacked that final bit. Now the price is at 0.3191, and the unrealized profit shows +752.12%. This short position’s timing has effectively been cashed out.
First close 80%. For the remaining 20%, move the protection level to around the entry cost; if it keeps dumping further, let the profits run. Even if it rebounds, don’t spit back what you’ve already taken.
Having no position isn’t a crime—opening trades wildly is the mistake. Take profits first, then talk about the next step. Friends who haven’t boarded yet shouldn’t rush to chase; wait for the next wave of signals before acting. The market isn’t short of opportunities—what it lacks is patience.
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