This time it’s not that the price suddenly went crazy—it's that the breath at the high level has finally leaked out. Yesterday afternoon the chart kept oscillating and $ON still looked like it was holding up, but every time it tried to surge there wasn’t accompanying volume. Once it reached the pressure zone, it got pushed back. The signs that the rebound is weak have become more and more obvious. At the time, the main point I emphasized was simple: don’t get tricked by the apparent sideways trading and enter.
After looking at the bad news, when ON touched the 0.1484599 area, I executed the SHORT according to plan—I was waiting for the support to show a crack. Now the price has come back to 0.1406000, with a corresponding return of +272.48%. No guesswork on direction, and no messing up the timing. This trade has been quite comfortable.
Put the bulk first into your pocket—close 80%, and keep the remaining 20% in place for now—but the protective stop must follow the cost line. When the market gives you profit, you have to catch it. Don’t wait for one more counter-rally to throw your mindset off again.
Don’t wear out your patience in this kind of choppy market, and don’t try to gamble for your “dignity” back in a one-way move. This is not the time to rush in. Missing this leg doesn’t mean you have to chase hard—wait for a new structure to form before deciding. There will be opportunities later.
$BTC $ETH
After looking at the bad news, when ON touched the 0.1484599 area, I executed the SHORT according to plan—I was waiting for the support to show a crack. Now the price has come back to 0.1406000, with a corresponding return of +272.48%. No guesswork on direction, and no messing up the timing. This trade has been quite comfortable.
Put the bulk first into your pocket—close 80%, and keep the remaining 20% in place for now—but the protective stop must follow the cost line. When the market gives you profit, you have to catch it. Don’t wait for one more counter-rally to throw your mindset off again.
Don’t wear out your patience in this kind of choppy market, and don’t try to gamble for your “dignity” back in a one-way move. This is not the time to rush in. Missing this leg doesn’t mean you have to chase hard—wait for a new structure to form before deciding. There will be opportunities later.
$BTC $ETH
