This short position finally came to fruition. The moment $LINK was slammed down from the highs, the feel of the market on the screen completely changed. A lot of people are still waiting for a pullback to keep pushing up. At the time, I wasn’t only watching how aggressively it was rising—I was watching how increasingly weak the sell-side support overhead became.

I already had my eyes on this area earlier. After entering short around 9.420, what truly confirmed it for me was that the rebound had no strength, and the volume couldn’t come in. Once the price broke downward, panic started to spread. Now we’re at 7.911—+1136.64% is already in hand, and the room in the market has been released very decisively.

If you’ve got a position, don’t get carried away. I’m more inclined to handle it in an 80/20 split: take some profit off the table first, and then use protection levels to manage the rest as it moves. This isn’t to show off—it’s a reminder to myself not to hand back the profits I’ve already captured.

If you haven’t entered, don’t rush. Don’t chase on the rebound, and don’t emotional-follow the shorts either. Wait for the next opportunity—move only when the setup is more comfortable.

$BTC $ETH