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That sudden dump just now sent a lot of people reeling from the trading chart/market. But for short positions, this is the profit-taking window. $BTC Those high levels kept grinding for so long and still couldn’t hold above—it's already telling you that the key level overhead is heavy.
I wasn’t only reacting because it fell. What really grabbed my attention was that false breakout near 78051.2: the price surged up quickly, then got pushed back down, showing that the people who chased longs were trapped above. After that, the follow-through kept weakening. Once panic showed up, the shorts actually became smoother.
Now the price is at 62727. The position ROE shows +3410.09%, and the room for volatility has opened up very directly. Don’t let profit make you reckless here. It’s good that the market has moved, but in the middle of a decline, you can also get sudden sharp pullbacks—especially after this kind of rapid release.
If you have positions, you can consider closing 80% first and keeping 20% to see whether it can continue breaking lower. Make sure your protective stop follows. If you haven’t entered, don’t keep chasing the sell-off. Don’t chase trades—wait for a more comfortable level to enter.
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