Post

$ZEC current price is 1609, my long position at 1471 is still open: the closer to the previous high, the steadier the hand must be... Opened the position at 1471, current price 1609, showing a floating profit of 28 points. In between, ZEC touched 1650, then fell back to 1525, during which the floating profit gave back 125 points, and my finger hovered over the close position button. Now back at 1609, just a breath away from the previous high, but this is not the time to celebrate, it's a time to test the hand even more. Holding the 1471 position until now is not due to courage, but because the leverage was not maxed out at entry, and the liquidation point was far enough. Now at 1609, the most important thing is not to bet the space just regained again, but to move the stop loss up and reduce leverage, so normal fluctuations can't reach it. Near the previous high, the spikes happen in seconds, giving no window for slow reactions. Those who run fear drawdowns, those who chase fear missing out, the market is exchanging hands within this range. The real opponent of the ZEC bulls is not the spike at 1650, but the itchy hands when getting closer to the previous high.