Back to collectionAt USD 0.85, the “February Comeback” Tests a Sell Rule
After the overnight node-software updates, operators were learning the new dashboard. Today, the price consolidated around USD 0.85, and “February comeback” became a refrain in the chat. There was no clear breakout that day, but the group’s hopes ran into one person’s trading rule.
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After the overnight node-software updates, operators were learning the new dashboard. The trading chat had a different concern: whether February could make up for the disappointment at the end of January. Sisyphus had previously set a rule to trim his position at USD 1 and was still waiting for the price to approach it.
Today, the price consolidated around USD 0.85, and “February comeback” became a refrain in the chat. Some used it for encouragement; someone asked whether Sisyphus would actually sell when his threshold arrived. He made no promise to the group. He kept his USD 1 alert and planned to face the decision when it sounded.
There was no clear breakout that day, but the group’s hopes ran into one person’s trading rule. Sisyphus could see that chanting “comeback” was easier than following the rule he had written for himself. Whether the price would reach USD 1, and what he would do then, remained open.