I wanted to share my personal approach to handling ATOM, the native token of the Cosmos Hub. I've been keeping a close eye on developments, especially with the IBC V2 protocol update that's making blockchain interconnectivity even more powerful.

I'm feeling somewhat bullish on ATOM lately, but I always maintain my trader mentality rather than getting emotionally attached to my bags. I first bought ATOM back in 2020 when it was under $2, and I've taken profits along the way while keeping some in staking for those sweet rewards.

I've noticed some really interesting patterns in ATOM's price action recently. I always watch the 4-hour RSI as my primary indicator for making moves. I've seen ATOM drop significantly twice when the RSI touched 70 - once on March 22 and again on April 4. I'm currently waiting patiently with RSI around 52, looking for the next approach to 70 before making my next move.

My strategy combines staking rewards with strategic shorting when the time is right. I use HyperLiquid for perpetual trades since it lets me "sell" (i.e., short sell) my staked tokens without unstaking them. I find this approach gives me the best of both worlds - continued staking rewards plus protection when I expect price drops. On top of that, when funding rates are positive like currently, I also receive additional rewards - since the longs pay the shorts.

I'm always balancing my positions and keeping reserves ready in case we continue pumping and I need to adjust my strategy. I've found this approach works well in the current market conditions while we wait to see if the broader crypto market continues its bullish trajectory.

Want to hear more details about how I implement this strategy? Check out my full crypto video below where I break everything down step by step!

I'd appreciate your support if you're planning to try HyperLiquid - use my referral link and we both win: https://app.hyperliquid.xyz/join/CRYPTOFAB

Stay cautious, not financial advice, just want to share, hope you like my content! 🚀