Many people just now were still waiting for $LINK to continue rebounding, but I feel like it’s getting more and more hollow here the higher it pulls. The previous price has kept pressing above and couldn’t break through; on the surface it looks strong, but in reality every time it spikes higher it gets smashed back down. Put simply, the rhythm has changed.



This section has already been prepared for. My short position is placed around 9.750—not to chase the very top, but to wait for high-level resistance pressure to confirm. What really triggered me was that pullback didn’t hold—short-term bulls started to hesitate, and it was clear that market control had switched sides.

Now it’s already hit 8.524, and this trade’s profit is +897.31%, with the move clearly extending. I won’t pretend to be calm here—being able to catch this leg is definitely comfortable—but the more the unrealized gains build up, the more you need to hold your hand. Doing it with an 80/20 staged approach is more solid; keep the remaining position’s protection level in place and give it a bit of room.

If you miss it, don’t get emotional. The market fluctuates every day. Don’t chase the trade, and don’t hard chase based on emotion—wait for the next signal at a clearer position.

$BTC $ETH
LINK0.02%
BTC-0.79%
ETH-0.13%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned