Just after 5 AM this morning, I saw BTC break through 63,400 for the third time, so I entered a short position at 63,402. Then I kept watching, looking at the 1-minute chart to confirm if it was a downtrend. Once a trend forms, it's hard to reverse. I watched until after 7 AM, confirmed that the rebound did not break the resistance level, and then went to sleep.

When I woke up, BTC had dropped near 626, then rebounded to around 630, still not breaking 632 on the rebound. I confirmed the trend again. Just now, while watching the charts, BTC broke 625 again, reaching 624. It's now rebounding. As long as the 4-hour candle closes below 62,881, after three confirmations, the downward trend is basically confirmed. That means next week will see a drop.

I'll hold my short position. This entry point is really good, excellent. Just now, Sun Peng was chatting with me. He's coming to Chongqing on Monday. The superstition is starting again. On Monday, he'll treat me to dinner in the evening, and the drop will begin that night. On Tuesday, it will continue to fall in the early morning, and all of Tuesday it will drop. It feels like a curse. This time, I'm counting on his blessing—let's see if it happens.

I also did some statistics: out of 25 Mondays, 18 of them saw BTC either rise or fall, and on Tuesday it would drop. Among those, 14 times it dropped by more than 4,000 points, and 8 times by more than 7,000 points.

Of course, there could also be a breakout. I've set up defensive measures. Anyway, if it rebounds above 64,000 to around 66,000, I won't lose money. I have a breakeven stop-loss in place. When it reaches around 66,000, I'll consider shorting again. The position is placed; let the market do its thing. If I'm right, I'll make a big profit. If I'm wrong, I won't lose money. Worth it!

I thought about it. The highest I see BTC rising is 66,000. If it doesn't rise but drops, my spot holdings will get trapped and I'll lose money. So I've already exited.
‍$BTC