This trade is a typical case of high-level pressure being realized. $SUI was grinding for a long time, and today it finally showed its direction. My short from 1.0667 is now at 0.7165, with floating profit showing +1581.03%. The volatility range opened up very directly.



Many people see a sideways market and think it's fine, but I was looking at the strength of the bounces. The bounces got weaker each time, indicating persistent selling pressure above. This isn't a sudden bearish view; rather, the structure gave signals step by step. When the real breakdown happened, the people chasing longs basically didn't react in time.

Now the profit is quite considerable. I will first take partial profits on about 80% of the position, and continue to observe the remaining position without being greedy for the last segment. Place the stop-loss at the level before the bounce gets out of control. Trading is not about who shouts louder, but who can preserve profits.

If you missed it, don't rush. Don't chase the entry or the bottom. Wait for the next opportunity, it will be more stable.

$BTC $ETH
SUI-2.73%
BTC-0.39%
ETH-0.88%
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