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$LAB This move really feels like a pre-written script.
Earlier, the price went straight up from the bottom to around 18, completely igniting market sentiment. Many people started chasing as they saw consecutive rises. But what really matters isn’t how aggressively it rises, but whether it can hold at the high.
The brothers who followed along at that time already got their short positions in early, without waiting for it to drop before chasing. Later, the price dropped all the way from the high to around 11.6, and this trade directly yielded over 5x profit.
At this current position, you can’t blindly be greedy. In the short term, watch the support around 11.38. If it breaks further, you can look at around 10. If it rebounds to around 13.7 and fails to hold, brothers with large positions should protect some of their gains first.
The profit is already very thick. Take profits in batches, set a breakeven stop on the remaining position, and let the market give the answer later.$BTC $ETH #Strategy上周减持3588枚BTC