I just stepped away from the screen to drink some water, and when I came back, this high-level tug-of-war was already over. A few days ago in the afternoon, $SLX was still probing back and forth above; the price never held steady. When the spike higher lacked volume, and the moment selling pressure showed up, it visibly weakened.



Before the market fully woke up, I watched the changes in SLX’s order book support. I saw that every time price surged, it felt like it was just missing by a hair, so I judged that the “bull trap” flavor was heavy and it wasn’t suitable to chase a long further. Around 0.21150, I carried out my plan to open a long and didn’t get tangled with this fake show of strength.

Now the price has fallen to 0.09824, and the short position’s return rate shows +1054.4%—really satisfying. The quieter it was before the turn, the more it tests your execution after the turn.

Take profits when it’s time to take them: handle 80% first. Lift the protective level of the remaining 20% up to around the entry cost. If it continues falling, let the position follow; if it rebounds, hold onto the gains.

Experts die by catching the bottom, retail investors die by chasing trades. The clear-headed only do what they can understand. If you haven’t entered yet, don’t rush to add—wait to see when the new structure forms.

$BTC $ETH
SLX-12.05%
BTC-2.57%
ETH-3.38%
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