On Friday, it cut to 59k. On Sunday, it bounced back to 64k. Yesterday, it returned again to 61k.


This is not a single misjudgment. It’s three times. First, panic selling right at the needle’s tip. Then, FOMO chasing right at the rebound top. After that, it ground down my patience with a full three days of drifting lower.
Between 59 and 64, the direction never came out. In every trade within this range, it wasn’t about correctly reading the direction—it was betting that this time my luck would be better than last time.
I made no moves on Monday this week and continue holding my short position. If 59k can hold for two more days without making a fresh new low, I’ll continue considering buying some long positions here. The problem is that every rebound plan I had this week has almost never managed to hold support.
So there’s no way to carry out a certain rebound. I expect price will first churn sideways for a while; the current range of that sideways movement can’t be confirmed yet.
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