That breakdown during the session already made the direction clear. $DOT had been grinding near the top repeatedly; on the surface it looks like it’s holding up, but in reality the buy-side was getting thinner and thinner. The moment the resistance level gets touched, it retreats. A lot of people are still waiting for it to continue bouncing back; I, however, think the shorting opportunity is clearer.



Earlier, I already paid attention to this level. The real key isn’t how much it drops, but that every time it rebounds, it can’t regain initiative. When DOT was around 1.223, I chose to go long—looking for realization after selling pressure at the high level, and not chasing based on market emotions.

Now 0.845 is already out; +2193.06% is in hand, and this move has clearly extended. Simply put, the rhythm has changed. If the earlier hard-support gets broken through, short-term capital will pull out quickly, and short profits will unwind even more smoothly.

If you have a position, remember to keep your protection level up—don’t let too much profit get given back. If you don’t have a position, don’t rush in just because it’s dropping; don’t chase—wait for the next opportunity, and move only when the price offers a more comfortable level.

$BTC $ETH
DOT-1.17%
BTC-0.33%
ETH1.88%
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