On a single day it jumped 7 or 8 percentage points—momentum is strong, but don’t be impulsive and chase. After a big surge, the next day is the key—not to make you chase, but to make you observe. What to look at? Look at the follow-through strength after that big bullish candle. If on the next day it stays consolidated at the high level without dropping, it means someone is willing to pick up inventory at this level—then there’s still room ahead. But if on the next day it spikes up and then falls back, and the volume is still substantial, that’s a distribution signal; then you should leave—those who are supposed to go should go.
For trades that have been up for two consecutive days, I usually cut by half to lock in profits. If it’s up for three days and then just moves sideways without going anywhere, I exit everything directly and switch to the next instrument. In places where capital isn’t active, time can’t be wasted. Don’t be greedy for that last bite—leave some space for others to earn. You only earn the portion you’re supposed to earn that #JunePayrolls57KHikeOddsFallTo50% $SOL $BTC $LAB
For trades that have been up for two consecutive days, I usually cut by half to lock in profits. If it’s up for three days and then just moves sideways without going anywhere, I exit everything directly and switch to the next instrument. In places where capital isn’t active, time can’t be wasted. Don’t be greedy for that last bite—leave some space for others to earn. You only earn the portion you’re supposed to earn that #JunePayrolls57KHikeOddsFallTo50% $SOL $BTC $LAB