Looking at this wave of the market, it's really quite interesting. When it rises, it's very fierce, but the question is—can it really stabilize? I don't think so.
Honestly, if IRYS pushes further upward this time, the opportunity to short becomes even clearer. The market tests patience the most at times like this. Many people get mesmerized by the surge, but then it quickly turns into a huge pullback. My simple judgment is: if you continue to be bullish, keep buying; the logic for shorting is actually more solid.
The key is to see clearly which are true breakouts and which are just fleeting. Based on the current trend, the resistance above is still quite tough. If it really breaks upward, I’ll admit it. But before that, I still stick to the bearish stance. That’s trading—opinions will adjust with the trend, but the current strategy is very clear.
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Looking at this wave of the market, it's really quite interesting. When it rises, it's very fierce, but the question is—can it really stabilize? I don't think so.
Honestly, if IRYS pushes further upward this time, the opportunity to short becomes even clearer. The market tests patience the most at times like this. Many people get mesmerized by the surge, but then it quickly turns into a huge pullback. My simple judgment is: if you continue to be bullish, keep buying; the logic for shorting is actually more solid.
The key is to see clearly which are true breakouts and which are just fleeting. Based on the current trend, the resistance above is still quite tough. If it really breaks upward, I’ll admit it. But before that, I still stick to the bearish stance. That’s trading—opinions will adjust with the trend, but the current strategy is very clear.