$BCH short positions this round could actually run out—its starting point was quite ordinary: the high-level rebound looks exciting, but the price never managed to hold above key levels. The chart looks more like a liquidation-hunt to lure longs rather than a real attempt to restart the rally. I started watching the pressure shift from 345.75, and once it moved to 212.97, the +2724.73% gain gave a clear answer to this bearish call.

The easiest place to make mistakes in the middle is to see a quick retracement and rush to chase longs, or get swept out by a single wick. I’ve had moments when I also got tempted to act, but I didn’t treat short-term volatility as a change in direction. I kept watching whether there was sustained buying support at higher levels—yet the selling pressure still came down afterward.

After this drop, I became even more convinced of the short thesis. Not because it fell and then I turned bearish, but because the problems I’d seen beforehand kept existing; the market just took longer to expose them. In crypto trading, sometimes it’s not about getting in fast—it’s about staying restrained when you miss the rebound. Don’t jump out of the trade in the heat of emotion.

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