Many people were just shouting rebound, but I was watching the false breakout at the top of $LINK .



This short order was opened at 9.750, not a spur-of-the-moment decision. The key point is here: after the price surged up, it failed to form effective support, and instead was continuously pressed back into the range, indicating that the upper-level chips were loosening. At that moment, I knew that those who continued to chase longs would have a hard time.

Now the current price has reached 7.888, and the profit has run to +1355.06%, with the trend extension being obvious. In plain terms, the rhythm has changed. The more eagerly people rushed up earlier, the easier it is for the subsequent drop to release space. When realizing the short position, the most test is not the entry, but whether you dare to hold according to the plan when most people hesitate.

Brothers with positions, remember to protect profits. Processing in 80/20 batches is more stable. Don't let floating profits go up and down like an elevator. If you missed this move, don't rush. Don't chase shorts. Wait for the next failed retrace position.

$BTC $ETH
LINK1.98%
BTC1.76%
ETH1.04%
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