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At the 0.5888 level, pressure suppression above $RAVE is very obvious, the rebound has no volume, and there is a sign of capital outflow. I don't want to fight it head-on; as soon as a signal appears, I will notify to enter a short position.
Now the price has fallen back to 0.5354, and the space from entry to here has already been played out. The short position profit has reached +222.39%, so it's fake to say I'm not excited. My approach is to take 70% off first, lock in the profit, and keep the remaining 30% to see if there is still room to go down.
For those still holding positions, set your stop-loss and protective levels properly. When volatility amplifies, don’t hold on stubbornly; don’t chase after missed positions blindly. Wait for new signals to come out, and I will call again. $BTC $ETH