This drop didn’t come out of nowhere. Those prior spikes and pullbacks in $BTC already exposed the problem very clearly. After shorting around 76,861.4, what I was watching for was the continuation after pressure—now the price is at 63,982.2, and I’ve taken +2,912.23%, with the trading range released very directly.

At the beginning, quite a few people still thought it was just a normal retracement, but this is already not right here. Key levels can’t be pushed back up, and yet those same key levels keep getting broken layer by layer. To put it plainly: the rhythm has changed. The real tell is that after the breakdown, there wasn’t a proper rebound—this suggests the chasing long capital is trapped, and the shorts only move more smoothly from here.

For this trade, I’ll take 80% profit and keep 20% for observation. The protective level must follow to prevent too much profit from retracing. The biggest fear in trading is making money and still wanting to eat the entire move—only to get educated by a rebound at the end. If you didn’t get in, don’t force the chase. Don’t chase during the rebound—be patient and wait for the next clearly defined opportunity.

$ETH $SOL