This short position could be held through and taken down. The key isn’t that I chased after seeing the sell-off, but that when the price surged and then rolled over earlier, I noticed the sell-side acceptance above kept getting weaker. Near 0.0197, I didn’t rush to exit. Even though several rebounds in between were really grinding and I was a bit unsettled, the chart never managed to regain footing, and the shorts’ rhythm wasn’t broken.



What really felt unbearable was that stretch of sideways consolidation. I think many people know this feeling: the price doesn’t move, but your mind keeps worrying that a sudden pump is coming. Later, a single heavy-volume bearish candle smashed through a key level. The market then moved from 0.0197 all the way to 0.0164, a result showing +329.83%. This wasn’t carried by luck—it was judgment and patience finally getting the feedback it deserved.

If you’ve been in the crypto space long enough, you know that when prices are under pressure at high levels, the biggest fear is getting swept up and chasing a short impulsively—and also being washed out by one or two wick spikes. This trade made me trust my own approach even more: being bearish isn’t because it dropped first; it’s because the underlying issues were already there, and the price was just the final step that delivered the answer.

$BTC $ETH
BTC0.03%
ETH0.22%
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