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$XRP this short order, finally got the rhythm out.
Entry price 1.1661, current price 1.1446, return rate +170.59%, this drop was quite clean.
What I fear most when watching the market is not consolidation, but fake strength.
The market just now felt like this. It looked like it wanted to push up, but in reality, every pullback was suppressed, and the momentum got thinner.
Most people were still waiting for a breakout at that time.
But what I saw was that the pressure at the high level was becoming more and more obvious. Sentiment and structure have diverged. Continuing to stubbornly be bullish will easily lead to being caught by a reversal.
I actually noticed this level earlier, but there was no need to shout it too early or too confidently.
Only when the price confirms weakness, the short order rhythm truly opens up.
Now 80% has taken profit, 80% continues to hold to observe the extension.
Set the stop loss well, and leave the rest to the market.
Don't chase if you haven't entered, especially after the price has already dropped some space.
If the next pullback is not strong, then look for new opportunities.
$BTC
$ETH