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Just picked up my coffee, and the chart immediately delivered a great response to the shorts. In the early session, right as the market got smashed downward, $ALT loosened from the top; what I was watching wasn’t just that first dip, but the fact that the rebound never managed to regain solid footing.
A few nights ago, I observed ALT. The price repeatedly pushed higher, but it always fell just short of the mark—there wasn’t any clear follow-through in trading volume, while sell pressure kept pressing down, layer by layer. Back then, around 0.008374, I opened a long; the key was to wait for the absorbing demand to show signs of fatigue, then handle things in line with the rhythm.
Now the price is at 0.005791, and this round of realized gains is +756.38%—this short has been held very comfortably. First close 80%; for the remaining 20%, move the protection level to around the cost basis. If it keeps dumping, let the profits run. Even if it bounces back, don’t give back the space you’ve already taken.
Being short isn’t a crime—reckless entries are the mistake. Don’t get greedy for that last bite.
For those friends who haven’t jumped in yet, take my word for it: don’t chase the plunge and try to rush in now. Wait for the next wave of signals to act—opportunities are always there, and rhythm matters more than impulse.
$BTC $ETH