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I just wanted to take a quick glance at the chart, but that single look made the shorts’ profits clear at a glance. In the early session, right after the sell-off, $LTC was still struggling repeatedly at the high end—price tried to push higher, but it never had real support to take over.
While everyone was still watching, I noticed that every time LTC surged up, it got pushed back down. The rally had no volume, but sell orders became increasingly proactive. This level isn’t strength—there are people above waiting to unload. So I executed a long position around 53.67, first waiting for its weakness to show.
Now the price is at 46.29, and the short position is up +975.68%. This short finally got realized—timing was on point. Don’t get too excited yet; locking in profit is the real win.
First close 80%, then move the protective stop for the remaining 20% to around the entry cost. If it keeps dumping lower, let the profit run. And if it bounces back, don’t spit back the profits you’ve already taken. Risk control comes first—that’s called rationality; cutting losses after they happen—that’s called a brave swordsman severing his arm.
Friends who haven’t boarded yet, don’t chase this move. Once the market moves, go in again when the next push is confirmed—you’re likely to get trapped by a pullback. Wait for the next set of signals before acting. The market isn’t short of opportunities; it’s short of patience.
$BTC $ETH