What caught my attention here is that the rebound hasn’t continued. The price seems to be trying to correct, but the strength is clearly insufficient—rather, it looks like it’s giving the shorts time to recharge.



My take is: once attempts to break through at the high keep failing multiple times, you should be on guard that the momentum is weakening. $BIO I started tracking this position at 0.03045; when it moved to 0.02816, the order-book feedback was already pretty clear, with a return rate of +540.61%.

For this kind of profitable drop, the biggest risk is getting carried away emotionally and refusing to protect profits. In my review, after profits are realized, it’s more important to control drawdown than to stare at farther targets and fantasize.

The market won’t only give you one chance. Stay tuned—I'll continue sharing my trading observations later.

$BTC $ETH
BIO-0.54%
BTC-0.22%
ETH2.18%
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