🔥 BTC Fake Breakout & Meme Coin Cycle — Market Reality Check 🔍
📉 1️⃣ #BTC Rejected at Key Resistance
As shown on the chart, $BTC made a fake breakout above the previous high and stalled near the 92,600 resistance zone 🧱.
The rejection and pullback were expected — this scenario was already discussed days ago. No surprise here.
🤔 So what’s next?
🐻 2️⃣ Short-Term Patience, Long-Term Bearish Bias
I remain long-term bearish, but I don’t like chasing shorts after the move is already underway.
Short positions opened below 92,600 already captured the easy part of the move.
⏸️ After taking short-term profits, I prefer to step back and wait.
📍 I’m watching the 92,300 area for a possible second test of the top
If price revisits that zone → I’ll consider re-entering shorts
If not → reassessment is required
🧠 No rush. Let the market show its hand.
🧨 3️⃣ Meme Coins: Exit Liquidity Exposed
Yesterday, Shuqin reminded everyone to exit Binance Life and other meme coins.
🌙 That same night, many of them dropped ~15% — exactly as shown on the chart.
📉 A small short was opened,
✅ Principal already secured
🎲 Remaining position = profit only, letting the market decide
This is how risk is managed — not chased.
🔁 4️⃣ Can We “Catch the Bottom” on Binance Life?
Real talk: these coins are purely cyclical.
Every mini BTC bull wave 🟢 →
BSC leaders + influencers 🚐 “caravan mode” ON →
Short-term hype pump 📈
🪙 $币安人生 / Binance Life follows this pattern every time.
🚫 5️⃣ No Need to Re-Enter Now
This cycle’s pump is already done.
📤 Smart money exited near the top.
⏳ The better move? Wait for the next major market shift.
Personally, I don’t spend much time on these coins —
💎 BTC alone provides more than enough opportunity.
When real opportunities appear on BSC, I’ll point them out.
⚠️ 6️⃣ WLFI Update
Shuqin mentioned shorting $WLFI near the 0.172 resistance.
After a brief rebound, price has already dropped significantly 📉.
I still haven’t fully closed my earlier short at 0.187.
Whether it’s #BTC or small-cap coins, the key is the same:
🧠 Don’t fall for market illusions. Trade the structure.
🚀 Final Thoughts
Markets rotate. Narratives change.
Discipline > Emotion.
Let’s stay sharp and aim to perform well in every phase of the market.
💪 Keep pushing forward.
📊 Stay patient.
🔥 Stay ahead.