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DEEP RESEARCH · CRCL

CRCL Sale: Risk Management After a High-Volume Upper Wick

A short trading memo: sell after weakening price action while keeping stablecoin exposure through Coinbase

Written: 2025-06-25 · Sale memo · Original Naver Blog post

Investment decisions are your own responsibility. This material is research and is not a recommendation to buy or sell.

0. Bottom line first

After yesterday’s high-volume upper wick and another bearish candle today, I am selling CRCL for risk management.

Interpretation: The reason is closer to short-term supply/demand and chart risk management than a long-term fundamental call. I plan to watch again if lower support holds.

1. Sale Trigger

DAY -1

High-volume upper wick

I read this as a warning sign: an upside attempt met selling pressure.

DAY 0

Another bearish candle

The following day also closed weak, increasing short-term risk.

PLAN

Check lower support

The plan is to watch again if lower support forms.

CRCL risk-management flowA short price-action-based sale memo
Upper wickWith volume
Weak candleFurther weakness
SellRisk management
WatchLower support
Stablecoin-theme exposure is kept through the Coinbase position.

2. Exposure Kept

I think the stablecoin theme can also be captured through Coinbase, so I plan to keep that position. In other words, I am reducing single-name CRCL risk without abandoning broader stablecoin-related exposure.

Sources

Naver original