Bitcoin heavily positioned【shorts】—entered too early, so it’s all about luck. From this level, I think the short could be worth trying.


If you’re wrong, the strategy: if it moves up another wave around 65,500, add to the position once; then if it pulls back, cut the loss and exit, or hedge by going long at the lows.
Idea: Starting tomorrow, it should be safe to short for three days. After three days, check where the price ends up. If it reaches the lower area, you can try taking a small long position, around 59,500–60,000. Don’t easily go long these days.
Log my thoughts 🤔: Market sentiment is currently bullish and booming, but the bullish main force is clearly playing a grindy pattern—either slow pull-ups with fast sell-offs, or slow declines with sudden pumps.
What do they want to do? My guess is it’s the typical “pile on and squeeze higher,” then ultimately cut up the retail traders.
The most profitable way in the market is shorting—you can see it from how the altcoins are moving.
BTC-1.22%
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