The position I was watching earlier finally gave an answer today. Many people see SIREN still consolidating at highs and think it can hold a bit longer, but I'm more concerned that every bounce is getting weaker and the structure has clearly changed.



This $SIREN short was entered at 0.46953, now the price has hit 0.027, and the unrealized profit is showing +2311.27%. At that time, I was watching whether the resistance above was truly absorbed. The market gave a very direct feedback — if it can't break upward, it has to go down to find liquidity.

Most crucially, that mid-way pullback did not reverse the trend; instead, it seemed like an opportunity for shorts to add positions. When most people were hesitating, the price had already started choosing a direction. It's this kind of counter-expectation that most easily triggers a breakout.

Now, if you have profits, don't get carried away. Take profits in an 80/20 split to regain the initiative, and keep the remaining position with a stop loss to continue watching. If you missed it, don't force a chase. Do not chase on a rebound; wait for the next more confirmed entry.

$BTC $ETH
SIREN-19.35%
BTC-1.73%
ETH-1.95%
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