A few days ago, the afternoon market still looked like it was giving the bulls some face, but by night it flipped directly. While others were running, I watched $MON and noticed that every rebound lacked follow-through—when the price went up, nobody stepped in to buy, while sell pressure kept stacking layer by layer. With this kind of stress at higher levels, the short opportunity window was actually clearer.



So I executed a long position around 0.02670. Now the price has fallen to 0.02139, and the floating result is +959.55%—this round was cashed out quite cleanly.

Don’t just focus on the thrill; close 80% first, keep the remaining 20% for the trend, and move the protection level to around the cost basis. If it keeps dropping, keep holding. Even if it rebounds back to the protection level, I won’t let profits turn into regret.

Being flat is not a crime—opening positions randomly is the mistake. Better to miss a move than to chase and catch a falling knife in a sudden selloff. There will be opportunities. Don’t rush—wait until the next time the structure is clear before acting.

$BTC $ETH
MON4.01%
BTC1.15%
ETH1.88%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned