A few days ago it was still holding up, today it's directly back to square one! 📉🚨

A few days ago before sleep $CHZ it was still grinding sideways at a high level. The chart looks not weak, but the details are very hollow. There's no volume on the upward moves, no one buying when it goes up, and the bounces are getting weaker.
When the chart hadn't fully started yet, I was watching CHZ's upward thrusts. Each time it was just a bit short, each time it got pushed back. In such positions with insufficient support, I prefer to wait for shorts to cash out, rather than chasing the sentiment. 👀📌
After the opportunity came around 0.03576, I opened a short position as planned. Now the price has reached 0.01741, with a return of +2471.19%. Those on board should know the feeling. ✅🔥💰
Good positions are waited for, not chased.
Here I'll close 80% first, take the bulk profit. For the remaining 20%, cost-price protection. If it continues to drop, let the profits run. If it bounces back, don't let profits become uncomfortable. 🎯🛑
Chasing the tail often leads to getting hit.
If you missed it, don't chase. Chasing the tail easily disrupts your mindset. ⚠️ Wait for a retracement confirmation, wait for the next clear signal, and see when the next opportunity comes. 🔔
‍$BTC $ETH