Just finished watching a bearish move; while many people are still waiting for a rebound, I feel that this spot looks more and more like it’s setting up the shorts. $MAV was pumped a few times at the top, but there never was continuous follow-through. When the price approached the upper area, it got pushed back down—there’s a very clear lack of momentum in the rebound.



When the intraday plunge happened, I placed a long entry around 0.01362. The cue was simple at the time: don’t get lured in by a brief burst of red candles. If the volume can’t keep up and selling pressure releases, the pullback will be faster than you expect. Now that 0.00845 has already responded, the return rate is +1824.48%—this trade went extremely smoothly.

First, put the bulk into the pocket: take profit on 80%; the remaining 20% stays for further observation, with the protection level moved to around the break-even point. If it keeps dropping, let it run. If it suddenly rebounds upward, I won’t allow the profit to turn uncomfortable again.

It’s better to miss a stretch than to catch a flying knife after a sharp sell-off. Don’t let profits inflate uncontrollably, and don’t be hopeless about drawdowns. The market isn’t short of opportunities—it’s short of patience. Wait for the next move until the structure is clear before taking the shot.

$BTC $ETH
MAV-3.69%
BTC0.33%
ETH1.74%
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