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I almost pressed the phone the wrong way. $BZ This short position was really well executed, the idea of a 104.96 short was worth the wait, when the market softened, the rhythm started to shift towards the bears.
Around 104.96, the resistance above is very obvious, the rebound lacked volume, the orders are also being withdrawn, and there's a strong sense of capital outflow. I didn't want to fight it head-on at that moment, as soon as the signal appeared, I immediately placed a short order notification.
Now the price has dropped to 97.16, the space has been created, with a profit of +690.81%, this wave's execution was worth it.
My suggestion is to take out 80% first, lock in the profits, and see if there's still room for continuation with the remaining 20%.
For those still holding, set your stop-loss properly, don’t hold on tightly when volatility increases; for those who didn't catch it, don’t rush to chase, wait for my next signal to act. $BTC $ETH