BTC sensed something was off in the middle of the night a couple of days ago and chose to stay on the sidelines. Usually, I rarely chase rallies or go long; instead, I prefer to observe from outside the market. Although I didn't catch the bottom and make money from this move, at least I wasn't caught in a trap. The key is to wait for a clear bearish signal; that's when it's time for us to step in. All short players, hold on for now, no need to rush into action.
As for ONT, it's quite interesting. Many of you built positions between 0.0615 and 0.062, and now there's already a 7% increase. At this point, you should consider placing protective orders. Last night, I added to my position at 0.0605, then set a take-profit at 0.0636 to close part of the position—but I didn't set the take-profit quantity correctly and ended up exiting everything, missing out on the gains. For those who have already caught this move, I suggest setting a trailing stop at 0.063. If the price rises above 0.07 later, reassess whether to hold further.
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DefiOldTrickster
· 11h ago
Oops, did I miss out again? How many times has this happened now? Haha
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LiquidityWizard
· 11h ago
Haha, did I sell too early again this time? I totally understand that feeling.
BTC still needs to wait a bit; I won't rush until the bearish signal is confirmed.
On the ONT side, I really need to set a take-profit to avoid repeating my mistakes.
Feels like around 0.063 is indeed a good entry point.
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DuckFluff
· 12h ago
Haha, me too. Being out of the market is comfortable, watching others chase high keeps my mindset steady.
Taking profits can indeed be easily messed up; I often set the wrong levels too.
This wave of ONT feels a bit interesting, but I need to watch a bit more.
The worst thing is selling too early, it’s a tough day.
The 0.07 level definitely needs to be reassessed.
BTC sensed something was off in the middle of the night a couple of days ago and chose to stay on the sidelines. Usually, I rarely chase rallies or go long; instead, I prefer to observe from outside the market. Although I didn't catch the bottom and make money from this move, at least I wasn't caught in a trap. The key is to wait for a clear bearish signal; that's when it's time for us to step in. All short players, hold on for now, no need to rush into action.
As for ONT, it's quite interesting. Many of you built positions between 0.0615 and 0.062, and now there's already a 7% increase. At this point, you should consider placing protective orders. Last night, I added to my position at 0.0605, then set a take-profit at 0.0636 to close part of the position—but I didn't set the take-profit quantity correctly and ended up exiting everything, missing out on the gains. For those who have already caught this move, I suggest setting a trailing stop at 0.063. If the price rises above 0.07 later, reassess whether to hold further.