Just look: is this a standard sickle?


The slaughter may have only just begun🔛; many short positions should have been entered around 62,120.
Yesterday I made an operational mistake❌, so I just shorted at a low level and won’t mess around anymore.

The short-side army that held its shorts for three days—today let’s see where the bottom is. Can we still short tomorrow?
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H膩NGu膩LovesCollectingCoins
· 14h ago
Today the low was around 62,580, then it flipped back up to around 64,200. Continuing with the style of the prior main move, with only a light pullback.

What’s the logic behind it? I suspect that, most likely, some super-large holder added a super-large short position, so the main force went the other way and pushed the price up to 📈 to liquidate.

Only if this super short is forced to stop-loss or gets wiped out will the market smoothly complete the downward pullback.

[Thoughts behind why the shorting doesn’t go smoothly:] In this situation, the only thing to do is wait patiently. Even if it goes up to 65,000 again, if the momentum is insufficient it still has to come down. If it were going to surge, it would have already surged—no need to drag it out.

[Overcoming fear] The main force also won’t just lift it straight to 68,000–70,000 at once. It should mostly range-trade around 64,500–65,000.

[Strategy] What if you’re trapped in a position? Wait patiently—around 62,600 you’ll still see it again these next few days.

[Keeping your positions safe is the most important thing]
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