$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
SHIB-4.16%
DEXE-25.01%
AKE47.78%
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cbambam
· 1h ago
what do you think about the Airdrop drought😂 it has been so humiliating this days. Trading also is so frustrating as well. just dancing on one side. but we keeping in crypto world🌍

let's make my post go viral pls#DirectIPOSeason2JerseyMikes
write #BTC in the comment section.
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GateUser-24f1eff0
· 1h ago
I feel the same. After fake coins pump hard, once capital leaves, it turns into a waterfall. Waiting for a pullback and then entering is the right move. Roughly how many percentage points of profit did you manage to take this time?
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GateUser-1913ebcb
· 2h ago
liike it very muchliike it very muchliike it very muchliike it very muchliike it very muchliike it very muchliike it very muchliike it very much
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LightningAce
· 2h ago
Indeed, meme coins like shib have big swings in sentiment, and chasing longs can easily get you trapped. You really have a great sense of rhythm.
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HoneypotDisassembler
· 2h ago
I’d like to ask: during a consolidation and oscillation period, which indicator do you use to confirm support or resistance? I feel this analysis is quite reference-worthy.
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DevBTC
· 2h ago
Bro, this move is solid. Don’t chase the pump—wait for a pullback and then short. Too calm and rational.
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GateUser-8e06256a
· 2h ago
wow
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DepthDiver
· 3h ago
I feel the same. Once funds leave after meme coins/altcoins surge, it’s a waterfall. Waiting for a pullback to re-enter is the right approach. Roughly how many percentage points of profit did you make this time?
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GateUser-ab8aa9ab
· 3h ago
If you copy any text or image, it will appear in “Recent.” However, if you don’t pin it, it will be deleted after 1 hour.
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