A few days ago, I watched the $AVAX move for quite a while. To be honest, it wasn't smooth at the start. The price oscillated around 6.584, which could easily get on one's nerves, but after it hit 6.79, the return came to +223.24%. This trade gave its answer.

Most of the time, the easiest way to lose money is not by misreading the direction, but by being forced to give up early due to intraday noise. During that period of sideways movement, many people had already lost patience, but I instead felt that the inability to push down was itself information.

The real change came after a fake drop; the price quickly recovered, and buying started to become active. Many people overlooked this detail. On the surface, it looked like a bull trap, but in reality, it was shaking out the weak hands.

Now, I won't take profits for granted. I'll lock in some profits in a 70/30 split, and let the rest follow with a trailing stop. If it continues to surge, I'll capture the latter half; if it pulls back, I won't let the profits already made turn into an emotional loss.

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