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This smash really woke up those who chased highs! 🚨📉 A few days ago, before bed, I was watching $ZEC , the price was still grinding up there. On the surface it looked strong, but the volume wasn't following. When it tried to rise, no one bought, and each time it peaked, it was pushed back.
When the market hadn't fully started yet, I saw ZEC's bounce getting weaker and weaker. The resistance above was persistent, and the smell of bull trap was strong. 👀 At that time, I warned not to chase, wait until it couldn't push higher, then act. I opened a short position around 573.84.
Now it has dropped from 573.84 to 384.91, with a gain of +2336.12%. This short trade feels really satisfying. 🔥🎯 It was tough grinding earlier, but once it broke out, it was clean.
This is the rhythm.
Don't get emotional with profits.
I close 80% of the position first ✅💰. Take the big chunk and put it in the pocket. The remaining 20% is for cost protection. If it continues to drop, let the profits run. If it bounces back, don't give back those profits.
If you missed it, don't chase. ⚠️ Chasing tail easily messes up your mindset. Wait for the next clear signal, for a more comfortable entry after a confirmed retracement. 🔔
$BTC $ETH