To be honest, this comfortable position won't last long. Symbotic added 44 million USD in ETH, and Tom Lee is still reiterating the $7k-$9k target—this rhythm has clearly changed. My original short positions thesis is invalidated in the face of such institutional buying.
There's nothing much to say, just close when you identify a rhythm break. This is much more comfortable than stubbornly waiting for a rebound. Make a small profit and keep a bullet for the next opportunity. Right now, still holding long positions in XRP and short positions in SOL, both are still in the rhythm, continue to watch.
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Just closed the short positions on ETH.
To be honest, this comfortable position won't last long. Symbotic added 44 million USD in ETH, and Tom Lee is still reiterating the $7k-$9k target—this rhythm has clearly changed. My original short positions thesis is invalidated in the face of such institutional buying.
There's nothing much to say, just close when you identify a rhythm break. This is much more comfortable than stubbornly waiting for a rebound. Make a small profit and keep a bullet for the next opportunity. Right now, still holding long positions in XRP and short positions in SOL, both are still in the rhythm, continue to watch.
The most challenging aspect of trading in waves is not precision, but listening.
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