Long positions are stubbornly sticking to their guns.

I can see clearly that 4.94695 is a strong resistance level, $LAB has been stuck at a high level, the resistance above has been persistent, and the rebound has little volume, indicating capital outflow.
I didn't want to fight it head-on; once the signal appears, I follow the short-selling approach and go short directly.
Now the price has fallen back to 4.27341, and this range has already been played out, with a profit of +268.08%.
It's hard to say I'm not excited about this magnitude.
My plan is to take 80% of the profits off the table first, and keep the remaining 20% to observe if there is still a chance for further decline.
For those still holding positions, set your stop-loss and protective orders firmly, and don't let the volatility cause you to give back floating gains.
Don't chase after missed entries blindly; wait for the next signal, and I will remind you when I see it. $BTC $ETH