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$SHIB This market move is a good chance to do a quick retrospective.
When SHIB suddenly surged yesterday, many people in the market’s first reaction was to chase longs, afraid of missing the next round of a massive rally. But I didn’t enter right away. From the hour-level chart, after the price quickly spiked upward, the buy-side follow-through on top started to weaken. Trading volume didn’t keep expanding. Even though long sentiment was hot, the momentum didn’t have strong staying power.
So I chose to wait for an opportunity. After I saw a pullback signal showing up at the high, I decisively positioned a short. The subsequent price action matched expectations—prices gradually fell, and this short smoothly captured profit.
At this point, SHIB’s short-term has entered a range-bound correction phase. There’s still overhead resistance. If it can’t reclaim the previous high, the probability of continuing to seek support lower down is higher.
Of course, altcoins move fast. If capital flows back in again, there could also be a quick snap-back rally.
The biggest takeaway from this trade is: during a sudden surge, don’t blindly chase. After sentiment cools off, look for opportunities—it often gives a more comfortable trading rhythm. The market always has opportunities; the key is waiting for your own spot. $DEXE $AKE #夏日创作营