Many people are still waiting for $CHIP to keep pushing up, but what I’m seeing is that the high level has already started to look shaky.



The earlier stretch of gains looked fierce, but the real key is that whenever there’s increasing volume up top, it hasn’t been able to keep pushing through—instead, it’s shown a rapid pullback. Before the signal appeared, I’d already noticed the changes, so around 0.04312 I chose to enter a short—not to gamble on direction, but to follow the weakening in the order book.

Now the price has hit 0.03091, and this short is already up +1362.53%. In plain terms, the rhythm has changed. The bulls want to keep pulling up, but the support can’t keep up—any hesitation makes it easier to end up passive.

Here, I won’t乱 add to the position just because profits are expanding. The gains have already been realized. I’ll take most of the position in batches first, then use a protective level to hold the remaining portion—let’s see whether the trend extending can still provide room.

Don’t force it if you missed the move, shorts are the most afraid of being chased into the emotional key turning point. Don’t chase on the bounce—wait for a more comfortable level to act.

$BTC $ETH
CHIP-2.98%
BTC-1.20%
ETH-2.75%
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