This round of $BCH drop is getting realized more cleanly than expected. Repeatedly topping at the higher level couldn’t hold, and once the shorts moved in, those longs that had been stubbornly holding onto the rebound started to feel uncomfortable.

When I entered, I wasn’t looking at a single bearish candle. What I saw was the suppression feeling after several failed attempts to push higher in a row. When the price gave a position around 345.75, the structure was already off. The rebound didn’t have staying power, but the pullback kept getting heavier each time. The key was right here—direction wasn’t shouted out; it was the chart itself that walked there.

Now the price is pressing down to 228.35, and the short position’s profit is +2410.74%. The move has an obvious extension. This kind of trade is the biggest test of patience: enter too early and you’re likely to get washed out, enter too late and you’ll be afraid of chasing. So both the entry level and confirmation are indispensable.

At this stage, I’ll handle it in an 80/20 split. First, lock in most of the profits; the rest is left to let the trend keep putting on a show. Meanwhile, the protective level must keep up. Once profits have already been released, don’t keep holding on with a lucky mindset to force through a rebound.

Brothers who missed it, don’t panic. Don’t chase a trade at this level. Wait for the next more comfortable entry.

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