The drop in
$AVAX has come faster than expected.
Earlier, when it was still fluctuating at a high level, many thought it was just a normal pullback. What I saw was thinning support, weaker and weaker bounces, and the chart was already starting to look wrong.
The core is just one sentence:
If it's weak, don't stubbornly stay bullish.
Short positions held from 9.312 to the current 7.01, with current profit +1754.83%. This trade captured a good portion of the decline.
There wasn't much complexity during the process—just not chasing bounces, not following the long side, and continuing to hold as p