Ultimately, I had to close this position... 😭 Leaving the $FTM Sonic boom behind!
I tried my absolute best to hold through the brutal weekend volatility, but the intense market pressure and the fear of a sudden flush finally broke my nerve. I officially closed my leveraged position on $FTM today to rescue what was left of my trading portfolio 📉💔.
The market sentiment around Fantom is in absolute chaos right now. On one side, the long-term bulls are screaming that selling at these levels is pure madness, especially with the massive hype surrounding the Sonic network upgrade and its promise of unparalleled transaction speeds. On the other side, aggressive short-sellers and institutional bots are putting relentless pressure on the charts, triggering panic to shake out every weak hand.
Technically, FTM is resting directly on a critical macro support floor. If this line snaps, the correction could get messy; but if the community steps in to trigger a weekend short-squeeze, the rebound will be legendary. My conviction wanted me to stay for the Sonic pump, but my risk management forced me to pull the plug.
Did I just paper-hand at the exact bottom right before a massive green candle, or did I save my portfolio from a disaster? Roast my trading decisions in the comments! 💙👻👇
$FTM
#fantom #FTMSonic #CryptoCapitulation #TradingUpdate2026