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Around 0.0368, the resistance above $BIO is very strong, no volume on the rebound, and the market still has a sense of capital outflow. I don't want to fight it head-on; as soon as a signal appears, I will remind to enter a short position.
Now the price has reached 0.03478, this range has already been established, and the short position profit is directly +389.48%, such a magnitude is not exciting, it's fake.
My approach is to take out 70% first, lock in the profit, and keep the remaining light position to see if there is further continuation. Set a protective stop-loss for the remaining position, don’t let the floating profit shrink with large fluctuations; don’t chase hard if you miss this move, wait until I see a new signal later to call again. $BTC $ETH