That sudden drop in $VIRTUAL just now felt real.



Short opened around 0.7258, current price has already reached 0.5536. There were bounces in between giving opportunities, but every time it went up it got pushed back down. With this kind of market, I actually dare to hold more.

Simply put, most people are still looking for a rebound, but the market has already turned weak.

Key judgment: If the upside can't hold, the downside will continue to release space.

Current profit shows +1687.36%. I didn't hold until the limit. I handle it according to the short rhythm: 80% take profit, keep 80% to see if it continues to drop.

The satisfying part of this trade is not how fast it dropped, but that the rhythm has been on the bears' side.

Move the stop loss down. Don't let the profits slide back.

Don't chase if you missed it, especially shorting after a sharp drop. You'll easily get burned by a bounce. Wait for the next resistance.

$BTC $ETH
VIRTUAL-2.44%
BTC1.94%
ETH1.70%
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