This short position finally paid off; the chart move was given very decisively. When $BTW surged up earlier, it looked strong and a lot of people were still chasing longs, but I wasn’t watching the rally—I was watching as the high-level consolidation started to lose strength.



What really caught my attention was that around 0.062001, the price repeatedly couldn’t push through. Volume couldn’t keep up, while pullbacks became smoother and smoother. Something was clearly off here—the structure had obviously shifted from aggressive buying to distribution, and the short was taken in this kind of spot.

Now the price has hit 0.06034; the +24.52% target is already hit. The market upside/downside room has been released fairly completely. For brothers with larger positions, you can deal with 80/20 first, and then keep the rest with a protection level while watching for further extension—don’t let your profits get swallowed back by a single sharp rebound.

This move isn’t about guessing the top; it’s about following the rhythm after confirming high-level resistance and pressure. If you missed it, don’t rush—don’t chase more longs, and don’t forcibly chase shorts either. Wait for the next more comfortable position to act.

$BTC $ETH
BTW-0.44%
BTC-0.05%
ETH-0.11%
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