Toruk Makto-108

I feel like the trend is about to end. Let's close the short btc order here, okay?

The crash last night was not a black swan.
It was a slap for those who are stubborn.
I have done my best. Those who are destined to hear what I say may now face it calmly.
And for those who lost everything last night, please try to get through this phase. I know it’s hard to accept. But this game is that cruel. Honestly, I hope you all get through it soon.
For a long time before that, I had warned again and again countless times. I said not to play that way. I kept saying it during the nightly live sessions. Every night I reminded.
Looking back. The ETF withdrew nearly half a billion $ in just a few days, sharks didn't buy more, the price held up thanks to leverage. But most still chose to believe in the familiar self-soothing phrases:
about 80 there is support
RSI low means buy
organizations won’t let it fall.

When BTC lost support, things happened very quickly. Pulling the entire market down. There was no bounce, no time to think. Long orders were swept away like grass. Stop loss set just for show, slippage, no matching. Over 2 billion $ vanished in a few hours.
It’s not that the market is cruel, but because we think too similarly.

The old advice revolves around one point: don’t try to guess the bottom when big money is withdrawing. The ETF withdrawal is an organization saying directly: these guys don’t want to play anymore. But retail still enters, fearing to miss the boat.
That is not investing, it is gambling with faith.

First of all
The price holding is not as important as who is holding the price.
An oversold RSI won’t save you if big money doesn’t come in.
Taking large orders in an unclear trend zone is self-burial.

Those who cannot learn this lesson, the next crash will be even more brutal.

$PAXG
It's not just because of the reverse trend

but because the distribution smell is rising very clearly.

The price just had a strong bounce of over 6%, RSI above 86.

This level is no longer strong, but excessive.

Such increases usually do not end in a sideways movement, but with a sell-off.

Large volume but the price is starting to slow down, that's a sign that smart money is taking the opportunity to close positions, not rushing to buy more.

Shorts are almost killed, the buying pressure is gradually decreasing.

Just a strong shake, the late buyers will be the first to run away.

For me, the area above 5,600 is a risk zone for longs, while adjusting back to 5,400 or deeper is just a matter of sooner or later.

A strong trend does not mean that the price won't drop.

$BTC

It just dropped on head 8

If you intend to catch the bottom, be careful, everyone

Reduce the volume. Slowly. There's no need to rush

Remember to read the post I made this morning