This round didn’t come with any big, loud pre-announcement. It was just a slow, leaking rebound that was finally casually pressed down by the shorts. While everyone else is still watching, $CFX has already written the weakness right on the chart.



During the intraday grind to the top, I noticed it tried to push upward several times in a row, but it never managed to stand firm. The sell pressure on CFX was clearly stronger than the bids, and volume didn’t back it up either. When the price approached 0.05811, I executed my plan to go long, waiting for that fragility to be amplified—not chasing the fluctuations and mashing buttons at random.

Now that 0.04435 has reached the take-profit area, the short position result shows +1142.82%. No wasted time. I’ll close 80% first, keep the remaining 20% for observation, and move the protective stop back to around the cost basis. If it can go lower, let it run. If a rebound happens, I’ll actively take it back—so I don’t hand the profits back to the market.

Panic is because you didn’t have a plan. Loss is because you overthought. Profits don’t have to balloon, and drawdowns don’t have to be hopeless.

This is not the time to buy extra tickets and chase shorts. Don’t treat the road you’ve already walked as the next stop. Wait for a new structure and signals, then get ready for the next opportunity.

$BTC $ETH
CFX0.27%
BTC0.51%
ETH2.13%
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