This short position finally paid off. The moment $LINK was pushed down from the highs, the feel of the order book changed.

This time I wasn’t looking at just a single long bearish candle—instead, it was LINK repeatedly failing to push higher in the upper area. After the price gave the shorts an opportunity around 9.420, it still never managed to get back up into the key range. Something was off. Many people were still waiting for a rebound to keep climbing, but what really caught my attention was that the rebounds kept getting weaker. Sell pressure started to take control of the rhythm.

Now the price is at 8.095, and unrealized profit on the position has reached +998.04%. This stretch of market movement played out pretty decisively. If the shorts can reach this level, it isn’t because they chased the drop in—it’s because the momentum shift was watched from when price was under pressure at the high.

For those who have positions, you can now consider an 80/20 split for staggered handling: lock in part of the profits first, and keep the rest with your protective level to look for further extension. Don’t let the gains you already got be knocked back by a rebound.

If you didn’t get in, don’t force the chase. When it drops and you only think about entering later, it’s easy to get swept—wait for the next time it offers a more comfortable entry point.

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