This short trade feels very smooth, but the process was anything but easy. When $BTC keeps grinding in the high range, the surface looks like it’s building up momentum, but in reality every attempt to surge is pushed back. This is the kind of chart pattern I’m most wary of— the more people watch for a breakout, the more easily it can turn into a reversal and a harvest.

After entering around 75,691.9, I didn’t rush to call the outcome. I first wanted to see whether it could reclaim above the key level. What truly reassured me was that after the drop, the rebound lacked strength, and the funds didn’t continue to defend the price—indicating that the supply above is starting to loosen. Now the price is at 64,110.1, and +2661.64% means the gains are already in hand; the market’s room is clearly opening up.

Don’t get carried away now. Profit isn’t a reason to let you get overconfident. If you have positions, protect your profits—take some off in batches, and let the remaining smaller position continue to watch whether the move extends. As long as the pullback doesn’t reclaim the key level again, the bearish rhythm is still in play.

But if you don’t have a position, don’t see the profit and rush in—the price has already moved a segment away, and the chase has poor risk-reward. Wait until the next rebound fails, then act from a more comfortable level.

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