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This price action in the beginning looks quite strong, and many people probably want to just chase in. But I actually waited through a few rounds of pullbacks. For long positions, the key area to watch is around 3.050. Back then it wasn’t that clean—pump a bit and then dump a bit—people who can’t resist might easily get taken out by a fake breakout.
What I care about more is whether there is follow-through after the pullback, not those sudden, fast rally candles. There really were moments of panic in the middle, especially right after that peak-and-reversal move—I almost thought I’d been wrong. Luckily, at the lower levels there wasn’t continued heavy volume selling; the order book gradually regained confidence.
When the price moved to 3.844, the result showed +1850.8%. This trade wasn’t driven by any news, nor by guessing the bottom. What truly gave me the confidence to keep holding was that the market kept validating the original idea.
Missing the earliest move isn’t scary. What’s scary is seeing the market rise and then chasing. Old players all know this: getting the timing right and stepping in first matters more than anything. This round of profit came from patience, not from being bold.
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