This short order could actually eat some meat—the key wasn’t that I guessed the drop correctly, but that I wasn’t scared off by the previous grinding mill. The price kept pushing higher and then falling back at the high end, with each rebound getting weaker and weaker. I watched the changes in sell pressure, and only decided to enter after a false breakout failed again.



At the start, it wasn’t easy. The chart had several needle-like spikes and almost ground down my patience. Luckily, moving from 345.75 to 215.11, the short-side rhythm became clearer and clearer. The outcome of this trade is recorded with +2681.02%—behind the numbers is, in fact, that my judgment about heavy resistance at the high was verified by the market.

The hardest part isn’t spotting the direction; it’s not panicking and bailing out halfway through. Once you’ve stayed in the crypto world long enough, you’ll know the real profits are often hidden in the most torturous phase. This time made me even more certain: as long as the weakness signals haven’t been broken, missing out is better than getting itchy and chasing another order.

$BTC $ETH
BTC-2.12%
ETH-2.24%
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