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$LYN this wave of decline actually gave off a hint from the moment the market turned cold.
Short position at 0.05161, now price has moved to 0.03529, +772.09% has already been realized.
The most obvious signal at that time was not that it fell, but that it couldn't go up.
Most people focus on the pullback; I pay more attention to whether there is buying support after the pullback.
The result is clear: support didn't follow, and the price instead got heavier and heavier.
At times like this, if you stubbornly stay bullish, your mentality can easily be washed back and forth by the market.
Holding a short position is not easy, especially during several pullbacks in the middle that looked like a recovery.
But as long as the key level can't be reclaimed, I continue to treat it as weak.
The position has now been adjusted.
80% take-profit is in the bag, 80% continues to be held, and the stop-loss is tightened downward.
I won't be greedy for the last bite of this profit; first, take the profits that should be taken.
If it continues to extend later, let the remaining position ride along; if the pullback is confirmed to strengthen, exit directly.
If you missed it, don't chase; wait for the next clean rhythm to act.
$BTC