This $BANK short position is actually a typical “buy the spike and take profits.”



After yesterday we pulled up a super long upper wick, I could already feel something was off. A lot of people see a surge and keep chasing, but I felt that the main force had already started distributing using market sentiment—so I reminded my brothers in the main base to set up short positions in advance. As a result, today we smoothly ate this downswing, and the return has also come to more than 2x.

From a technical perspective, the 1-hour timeframe is already clearly weakening. The price broke below MA5, MA10, and MA30, and the moving averages have begun to form a bearish alignment. The Bollinger middle band is also pressing down on the price—every time the market rebounds to the moving-average area, sell pressure knocks it back down.

That long upper wick yesterday basically left all the trapped orders above. Now the capital is more inclined to lock in profits and exit.

In addition, the open-position data still shows the short side remains dominant. Although price has already dropped for a while, we haven’t yet seen the real signal of heavy volume stopping the decline.

If later it can’t quickly reclaim the 0.32–0.33 area, then in all likelihood the short term will remain weak consolidation—or even continue to probe the downside.

This trade once again proves that the real money-making opportunities are not about chasing the very last big green candle, but about making a plan ahead of time when everyone’s emotions are at their highest. Lying in wait early and letting the market validate—feels far more comfortable than chasing or panic selling.

There will be new opportunities later, and I’ll keep synchronizing them to the main base as soon as possible. #晒出我的持仓收益 $AKE $DEXE
BANK-19.51%
AKE12.66%
DEXE28.10%
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post-image
BANK_USDT
Short
Cross 10X
Return %
+279.14%
Entry Price(USDT)
0.39892
Mark Price(USDT)
0.28664
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WalletSafetyTeacher
· 2m ago
More than double the returns—pretty good. Following the main camp really is solid.
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GateUser-4474feff
· 14m ago
Buy to generate 💎
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OnchainTech
· 23m ago
That long upper wick yesterday is a distribution signal. Many people get carried away buying into the rise, but in reality the main force is offloading by riding on sentiment. You timed this short position well, but if 0.32–0.33 can’t be reclaimed quickly, there may still be room downward—watch your position sizing.
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GateUser-cf3ef3fc
· 32m ago
hold it bro hold is gold
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