Yesterday, I started shorting around 78,500 in a timely manner as well, and it paid off. As mentioned earlier this morning, the BTC has already broken through the level, and today it will likely fall in a one-way trend. It’s expected to dip during the European session, and the US session will continue the downward move.

Currently, 75,000 is the lifeline. Once it breaks, the market could see a big move like the one in February. At the moment, there are likely many orders trapped in the 8.0–7.8 range. If you want to get out of the positions, simply waiting or standing still definitely won’t work. Right now, I’m providing 2 spots for position resolution—first come, first served.