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This morning, BTC is once again taking the short-position express under the market. 63,800 goes in, then it pulls back to around 62,700—an 1,100-point range. “ET H” also enters around 1,710, and it’s still expected to capture 50+ points.
The latest trades have all been incredibly spot-on. It’s just that today’s pullback hasn’t been as large as I imagined. You can reduce leverage first, lock in profits, move defense lower, and then open up your positioning again.