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I originally wanted to cut my losses and “sacrifice to the heavens,” but I couldn’t end up sacrificing the heavens—the meat ended up getting cooked by itself. When the sell-off hit early in the session, $DOT pressed down from the high, and the market instantly started to feel bearish.
A few days ago, I was watching DOT late at night. The rebound never really followed through; the downside pressure overhead was obvious, and every time I tried to push higher, sell orders pinned it back. Back then I reminded myself: don’t get carried away chasing after one or two bullish candles—true strength won’t be short a breath every single time. So when the price was around 1.223, I opened a long, waiting for the pullback after the consolidation loosened.
Now the price has reached 0.769, and my short position has already realized +2639.8%—this piece of meat is delicious. Close 80% first, put the bulk into your pocket, then use the remaining 20% to move your protection level to around the cost basis. If it keeps dumping lower, let the profits run. And if it bounces back, don’t give back the results from before.
Being flat isn’t a crime—opening positions recklessly is the mistake.
For friends who haven’t boarded yet, let me say this: don’t chase the drop. Wait for the next round at a more comfortable position. Once the new structure forms, we’ll take another look. Opportunities are still there—don’t rush.
$BTC $ETH