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$SKHYNIX I was going to buy the dip—good thing I flipped the other way #夏日创作营
Yesterday during the session, my original plan was to find a low point and enter long, but after watching the US stock market trend for a while, I realized this leg of the downtrend structure hadn’t even finished playing out, and the volume still hadn’t shown up. I immediately changed my plan, and with my followers, flipped into a short.
Turns out this trade was pretty sweet—the profit cushion was basically built up. And as for the few coins tied to storage, they really are fragile. Just a little negative news and the chart just slumps straight down, and it can’t even prop up a decent rebound. Today it’s making yet another new low.
You don’t even need me to say it—everyone has probably already bought the dip to go long, since the prices are already this low, and the timing for longs really is good.
But I also have to remind you not to go long blindly. Pay more attention to the news flow. If a negative catalyst hits, you should still get out decisively when you need to—don’t think there’s no “bottom.” A week ago, nobody could have imagined it would drop this low.