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I just wanted to quietly have dinner, and when I came back, the shorts had already dismantled that fake bullish strength from earlier, cleanly and thoroughly. This time, the market isn’t being polite.
When the price was chopping and shaking back and forth during the session, $MAV looked busy, but the price still couldn’t push any farther. Several rebounds just now were pinned down by sell pressure, and MAV’s trading volume also didn’t show any clear follow-through. I judged that the upward move lacked conviction, so I set up a long position around 0.01362 and waited for it to choose a direction on its own.
Right now, the price has returned to 0.00856. The result of this trade shows +1789.12%—nothing wasted on watching this stretch. First, I lock in 80%, and keep the remaining 20% in the market. At the same time, the protection level is moved to around the cost basis, with no “dragging it out” in the position adjustments.
Don’t grind away your patience while it’s choppy, and don’t try to regain your dignity in a one-way move. Profits won’t balloon, and drawdowns won’t leave you hopeless.
If you haven’t joined yet, don’t force a rush to chase the timing. If the price has already moved on, let it go—wait for the next round of signals to act. There will be more opportunities ahead; I’ll wait for good news.
$BTC $ETH