This decline is completely like a pre-written script: first, it consolidated at a high to trap people, then pretended to break out, and finally directly smashed through key levels. Many people were only fixated on the surface strength, but I instead felt that something was off.



$SIREN Short from 0.46953 held to now 0.02809, return rate already reached +2305.47%, the trend extension is obvious. The key was that spike and pullback: the price gave the appearance of a new high, but follow-through buying clearly didn't materialize, indicating that above was more like distribution of chips.

I don't like to chase direction when it's hottest. The more everyone shouts to keep going, the more I look for a counter trading opportunity. Simply put, the rhythm has changed; underneath the strong shell, it has already started to loosen.

Now that the short has been taken profit, those with large positions can first take profits in 80/20 batches, move the stop loss down, and don't let profits get eroded. If you missed this move, don't rush; don't chase the rebound, wait for the next opportunity to act.

$BTC $ETH
SIREN-1.13%
BTC1.51%
ETH2.48%
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