Just as I brought the coffee to the edge of the table, the chart already made the decision for me. With $MYX stepping down like that, the shorts finally released the pent-up strength they’d been holding back. When the market dumped in the early session, I saw the price repeatedly push up around 0.1796, but it never formed an effective continuation. As soon as the sell orders pressed down, the rebound immediately lost momentum. At the time, my judgment was clear: the key level above hadn’t disappeared. Chasing longs would easily trap you, so it was better to wait for a pullback confirmation before taking action—so I executed the long. Now the price has reached 0.0753, and the short position is already up +1142.36% in unrealized profit. This bit of meat is being taken cleanly. First, close 80%. Leave the remaining 20% with the protection level moved to around the cost basis. If it keeps selling off further, let the profit run. If it bounces back, don’t give up the advantage you’ve already secured. No position is not a crime; opening trades recklessly is the mistake. Lock in the profit first, and your mindset won’t be dragged around by the next K-line. Friends who haven’t boarded yet shouldn’t rush to chase. Let the missed spot stay missed. Wait for the next wave’s signal, then handle it in rhythm—there will be more opportunities ahead. $BTC $ETH

MicroStrategy and BlackRock are both stuck in BTC. Each holds 850k BTC—about a total of 1.7 million BTC. Their costs are all above $75,000. And there’s also Tom Lee’s ETH: he bought more than 5 million ETH, with a cost above 3,400—he’s also stuck. They just “throw a few” at you to help prop up the market so you can rally it. Right now, it’s just institutions fighting and interfering with each other, seeing who can hold out longer, who gets wrecked first, and who ends up having to spend money for no reason to pump the market—especially since it’s also a bear market this year, with no major positive catalysts. It’s all major negatives. Either it’s war, or rate hikes and high inflation, plus balance-sheet reduction. There isn’t even a single positive headline. Aren’t institutions “idiots”? They smash the market down so retail can pick up cheap chips, and then they pump it back up so retail makes money, right? Institutions aren’t idiots—they won’t randomly give retail a free pump.

BTC, ETH: hold overnight long positions!!!