Let's talk about the recent market pattern. Some cryptocurrencies have experienced a very strong rally in a short period of time. At first glance, it seems aggressive, but a closer analysis reveals the trick—this kind of move is actually designed to lure in long positions. Very few traders are truly following the trend to go long, and in the long run, this strategy is unsustainable.

My straightforward view is: the logic behind this kind of movement is to attract investors to go long at high levels. The real opportunity lies around the 7.59 short position. Why do I say that? From a market structure perspective, the lack of sustained buying support means that a rapid rise often signals an imminent pullback.

If you think this judgment is questionable, you can try it yourself. Anyway, those who set up short positions at this price level are likely to profit.