Just finished lunch and was checking the chart. I originally thought it was just ordinary consolidation, but that one downward push directly laid the direction bare. When the price dumped during the session, $ICP bounced a few times but never managed to form continuation. Downward pressure kept pressing from above; when the price went up, there was nobody to pick it up, while sell orders became more and more proactive.



I was watching the change in ICP’s follow-through. Seeing a low-volume pump and weak rebounds, I knew this wasn’t the place to chase longs. Waiting until it couldn’t push further before shorting would be safer. Afterwards, I executed a long around 2.528—not guessing the bottom, and not gambling—just handling it according to the rhythm I saw.

When the price pulled back to 2.193, my current profit was +640.07%. The timing was right. Take the big chunk first and put it into the pocket.

I’ve already closed 80% of the position. The remaining 20% is protected at the cost price—if it continues dropping, I’ll hold onto the profit. If it suddenly bounces back, I won’t let unrealized gains turn into regret. No one goes to jail for being out of the market; opening trades randomly is the mistake. For friends who haven’t boarded yet, listen to me: don’t chase now—wait for the next shot, and it’ll feel better.

$BTC $ETH
ICP-1.38%
BTC-0.09%
ETH1.06%
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