I was just about to go to the forum and rant, but then I saw my balance. Forget it—the market is always right. During the repeated intraday swings, every rebound in $XRP looked like it hadn’t eaten, with the resistance above clearly visible and volume failing to follow. I directly placed a short order and waited for it to perform. Some people were still shouting about a breakout at the time. Watching them made me anxious for them—where could it possibly break out to with volume like that? After grinding around for ages, it finally did me a favor. The price is now 1.3232, while I entered at 1.4798. Looking back, my floating profit is +1100.86%. This meat tastes great—the frustration from all those earlier swings has completely disappeared. Anyone who held through it knows how good this meat is. As for the position, I’ve closed 80% first, and moved the stop loss on the remaining 20% to the entry price, letting it do its own thing. You have to know when to take profits, otherwise it’s all paper wealth. Don’t complain that the portion is small—the meat you can take home is good meat. That’s how short positions are: patience matters more than courage. Managing risk in advance is called rationality; cutting losses afterward is called making a heroic sacrifice. Don’t lose your patience in the range, then try to regain your dignity in a one-way move. There are plenty of opportunities—you don’t need to force this one. For now, definitely don’t chase recklessly. Wait for a more comfortable entry in the next round, and I’ll call it out anytime. $LAB $ADA

$XRP $XRP is also trading under noticeable pressure. The important question now is whether buyers can protect the psychological 1.30 area. Trade Direction: BEARISH Failure to hold support could open the door for another leg lower. Key Support: 1.28 – 1.30 Key Resistance: 1.35 – 1.38 TG1: 1.30 TG2: 1.27 TG3: 1.22 Stop Loss: Above 1.39 Pro Tip: Psychological price levels attract liquidity. Don't enter solely because a number looks cheap—wait for market structure confirmation. #Gate60MillionUsers #USIranTensionsOilSurges5.7% #GateUSStockOptionsNowLive #StockNewUserBonus

$XRP Shorted with 100x leverage, achieving a 605.93% return. Average entry price: 1.4068; latest price: 1.3151. Market focus: The vote on the CLARITY Act has been postponed to September 15, with short-term policy uncertainty prompting funds to stay on the sidelines. Meanwhile, fund flows in the XRP spot ETF have diverged. Trade breakdown: The delay of the macro bill disrupted the bulls’ advance. Opening a short position near the 1.4068 resistance level used 100x leverage to amplify the downward volatility during the period when funds stayed on the sidelines. The price fell back to 1.3151, representing an underlying decline of approximately 6.5%; amplified by leverage, the return reached 605.93%, precisely capturing the pullback during the event gap. The above content is for learning and discussion purposes only and does not constitute any investment advice. $BTC $ETH #Gate用户突破6000万