After this leg played out, those earlier fake strengths have all been disproven. If the top can't hold, it can't hold — the market won't indulge fantasies.



$BCH short entry at 345.75. It wasn't that the reaction came at a key level; rather, after multiple failed attempts to break higher, I already felt something was off. What really made me pull the trigger was the lack of continuity in the pullbacks — selling pressure came in and pushed it right back down, showing the initiative was no longer with the bulls. The current price is now at 231.85, position profit +2338.09%, and the extension of the move is clear.

Many people lose because they refuse to acknowledge the shift in rhythm. Even when the high has clearly started to loosen, they still hope for another push. The worst thing in trading isn't being wrong — it's being wrong and not adjusting. Now that profits are unlocked, I'll first handle most of the position, keep a small portion to follow, and move the stop-loss to an acceptable level.

Next step: I won't guess the bottom or rush to reverse. First, see how the downside absorbs and responds. Those not in the trade, don't chase shorts recklessly. Don't chase. Wait for a more comfortable entry point.

$BTC $ETH
BCH-3.13%
BTC-3.13%
ETH-3.81%
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