$LINK Currently around 9.170 USDT. Do you think we should keep grinding higher here, or is it about time to make a pullback? $LINK ‌

$LINK If I were to give a conclusion upfront, I’d lean more towards: a pullback first, then look for the next direction.
Here’s my main view:
First, this rally looks more like an emotional surge, and the follow-through hasn’t caught up yet.
Second, divergence at high levels is starting to widen, making a short-term shakeout more likely.
To add, a waterfall pattern should quickly make new lows; if it doesn’t fall fast, it’s not a strong waterfall.
My key levels to watch for entry: 9.243 USDT
First target for taking profit: 8.693 USDT
Where to exit if wrong: 9.463 USDT
But the biggest concern at this level is that the bears haven’t truly gained momentum, yet a short squeeze could force them to exit positions prematurely.
If you were trading, would you enter now and watch for a bit, or simply choose not to participate?