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The grinding earlier was really torturous, but the more such a position, the easier it is to produce a major direction. $LINK has been consolidating at highs, and many think it's building momentum for an upward breakout, but what I see is that support is getting weaker, and the rhythm has gradually turned bearish.
This short was taken near 9.750. It wasn't easy at the start—there were retraces, stop-loss hits, and fake breakouts—but the key is this: the retrace couldn't hold, and the decline became smoother. Now the price has dropped to 7.594, with gains of +1569.02%, and the trend extension is clear.
I don't like to act calm after making profits. Making money is certainly enjoyable, but execution must not be chaotic. Here, I'm handling it in an 80/20 split—protecting most of the profits first, while the remaining position with a protective stop continues to watch for further downside. Futures trading isn't about who shouts the loudest, but who can maintain rhythm amid changes.
Chasing shorts at the current low already has diminishing returns. Let it pass if missed. Don't chase; wait for the next opportunity.
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