Don't rush to call a reversal. This decline is the real answer! 📉🚨 While grinding higher during the session, $XRP looked like it was still holding up, but inside it wasn't that strong anymore.



A few days ago in the early morning, I was watching XRP, seeing it rise on low volume with weak rebounds, each upward push was suppressed 👀 I judged it was more like a high-level bull trap, not a healthy advance, so I chose to open a short near 1.4143, not chasing that fake rally.

Now the price has come to 1.0553, short position yield +2359.61% 🔥🎯 This wave was handled comfortably. Once the direction opened up, the previous waiting was worth it.

When it's time to feast, don't pretend to be calm.

Don't get emotional with profits.

Position management is straightforward: close 80% first ✅💰 protect the remaining 20% at cost price, let profits run if it continues to drop, control the pullback if it bounces, don't be greedy for the last bite.

Those who missed it, don't chase ⚠️ Chasing leads to a chaotic mindset, wait for the next clear signal, wait for a pullback confirmation before moving. The market always has the next shot 🔔

$BTC $ETH
XRP3.44%
BTC1.50%
ETH2.41%
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