A few days ago, in the last look before sleep, it was still ranging. But when I opened the chart in the morning, the mood had already changed. $BNB The price at the high level was holding only with difficulty; several rebounds failed to regain stability. The more it tried to push up, the more obvious the sell pressure became.



While others were still watching and waiting, I was focusing on the change in BNB’s order-book support: buy orders didn’t keep up, the rebound height kept falling from one attempt to the next, and volume was always on the low side. This condition isn’t suitable for chasing. Instead, it looks more like a window where the bears wait for confirmation, so I chose to patiently wait for the signal to materialize.

I entered a long around 639.40. Now it has fallen back to 574.45, and this round’s short position has realized a +721.31% gain. No fancy moves—only following the plan after noticing that support had weakened.

Close +721.31% first, put the main profits into my pocket, and keep the remaining 69% holding. The protective level is adjusted to around the cost basis. If the sell-off continues, let it run naturally; and if a rebound appears, I won’t let the portion already realized give back again.

Profit doesn’t inflate, and drawdowns aren’t hopeless. Chasing longs can easily get you stuck at the peak; chasing shorts can also be cleaned up by a rebound. There will be opportunities later—wait until the next round’s signals are clear before taking action.

$BTC $ETH
BNB-1.40%
BTC-2.76%
ETH-3.53%
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