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Public disclosure: $BTC this short order entered around 76861.4. I haven't rushed to move it. The reason is simple: the resistance at the high level has not been relieved, and all the pullbacks are fake.
There were a few small pumps in between. Many people started to hesitate, even thinking there would be a reversal. But I see that every time BTC rallies, it doesn't sustain, and the selling side becomes more aggressive. This position is critical. Once the key level is broken, short sellers will shift from probing to active offense.
Now the current price has come to 64050.4, and the ROE of this position has reached +2896.85%, with a clear trend extension. I won't pretend to be calm here. The profit is indeed comfortable, but the more comfortable it is, the more I need to manage the position. First, take profit in batches with an 80/20 split, and set a protection order for the remainder to keep watching.
After the short is realized, don't get euphoric. If you missed it, don't chase the low. There are always market opportunities. Wait for the next more certain position to act.
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