[Trade Journal] Bitcoin 67K V-Shaped Recovery: Resisting FOMO and Setting a Trap
Hello. I am Couch Cappy, striving to survive by sticking to my principles in the rough waves of the market.
Today, Bitcoin plummeted to test the basement near 64.9K, and then showed massive volatility by bouncing back vertically (V-shape) above 67K with strong buying pressure.
Someone might have chased the pump with euphoria looking at the massive green candle, but I chose a strategy of strictly observing today and setting a 'trap' at my desired levels.
[ Controlling FOMO: Why I Gave Up Market Buying at 67K ]
The most dangerous thing when a chart violently rebounds is the 'Fear Of Missing Out (FOMO)'. I also had the urge to execute a Long position at market price, but I coldly controlled it.
The reason is simple. The macroeconomic trend on the daily timeframe is still in a corrective wave, and a complete reversal to an uptrend has not been confirmed. Above all, if I enter at market price near 67K, the clear defense line (stop loss at 64.8K) becomes too deep, severely damaging the Risk/Reward (R/R) ratio.
[ Setting Up a Retest Ambush for the Optimal R/R ]
Instead of forcefully chasing the market, I set up a counter-trend ambush strategy to inflict short-term damage when the price gives a pullback (retest). The position sizing is strictly limited to a maximum of 30% of my total equity.
1st Entry (15%): $66,666 (4-hour timeframe midline and short-term support)
2nd Entry (15%): $66,000 (Midpoint of the dump wick, optimal R/R zone)
Stop Loss (SL): $64,800 (Mechanical stop loss as breaking the lowest point confirms a downtrend)
Take Profit (TP): 1st Target around $68,500 / 2nd Target around $70,000
[ Waiting for the Whipsaw of the US Session ]
When the US Session opens, there is a high probability of massive up and down whipsaws (volatility). When market makers momentarily smash the price to trigger retail stop losses, I am waiting for my pre-set limit orders to be filled, forming the optimal average entry price.
What if it just goes up without giving me the entry? I will not forcefully chase it, and I will cancel the orders the next day, preserving 100% of my equity. Missing out on profit is fine, as long as the equity remains.
I have detailed my unique risk management philosophy of resisting FOMO and protecting the Risk/Reward ratio in the post below.
▶ https://couchcappy5.blogspot.com/2026/03/trading-strategy-how-to-calculate.html
If you want to maintain your principles in the waves of the market and continue a statistical trading journey that doesn't lose, you are always welcome. [Join Couch Cappy and Get a Lifetime Binance Fee Discount]
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[Disclaimer] This post is for informational purposes only and does not constitute a recommendation or solicitation for any specific investment product. All investment responsibilities lie with the investor, and principal loss may occur depending on market conditions. Couch Cappy supports the safe and relaxed investments of our readers.
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