This drop is merciless—$AZTEC short positions finally cashed in the previous grueling consolidation. The most real thing about the chart is exactly here: the more it looks like it wants to keep propping up, the easier it is for it to suddenly flip its face.



Earlier, we already noticed this area. AZTEC around 0.02762 repeatedly failed to break through; the pressure at the higher levels has become increasingly obvious. Others see a sideways range—I see that after the liquidity above is eaten up, the price still can’t be pushed. The key is this: once the资金 supporting the order book backs off by one step, the space below gets opened up quickly.

Now the price is at 0.0142, and this round of gains has reached +1191.46%, with the move clearly extending. Along the way, some people were definitely scared out by small dead-cat bounces, and some only wanted to chase after seeing the drop. This kind of rhythm puts execution to the test—before the direction comes out, you have to dare to wait; after the direction comes out, you have to dare to take profit and close.

If you have a position, don’t get too greedy—80/20 staged take-profits feel more comfortable. Keep a portion with a protective stop and see if it can keep being pressured lower. If you didn’t get in, don’t bang your head—there’s always trading activity every day. If you don’t chase here, wait for a more comfortable level.

$BTC $ETH
AZTEC0.64%
BTC-0.12%
ETH2.21%
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