$Coinbase(COIN.US) COIN has been hovering around this price level lately with constant chop, but the selling pressure is really heavy. Speculative money keeps jumping in and out. I’ll only consider adding more if we see a real, sustained breakout someday — I got burned by a fake breakout not long ago. In this kind of messy action, I’ve cut my position size by half to feel safer. Preserving capital is key now. These days I just glance at the overnight session out of habit and leave it at that.
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