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Don't mention it, the bears really gave face this wave.🚨📉
When the market hadn't fully started yet, $LINK it seemed like it wanted to push up, but the more I looked, the more I felt it was weak: no one buying on the way up, volume not cooperating, and it softened as soon as it touched the resistance level.
A few days ago, while watching LINK in the afternoon, what I saw was a weak rebound, not a strong continuation.
Especially several attempts to push up didn't hold, with obvious lack of support, so at that time I reminded not to chase the order, wait until it can't push further and then short 👀📌
When it's time to eat meat, don't pretend to be calm.
Now the price has gone from 9.572 to 7.712, with a yield of +1378.04%, this short position was realized smoothly 🔥💰🎉
Wait patiently upfront, then you get a comfortable position later.
On position sizing, first close 80%, don't be greedy for the last bite ✅🎯
Keep the remaining 20% as cost price protection, let the profit run if it continues to drop, and don't let the profit turn into a critical level if it bounces back.
Tailgating easily gets you hit.⚠️
Those who missed it, don't chase, wait for the next clear signal, wait for a more comfortable position in the next round to make a move 🔔
$BTC
$ETH