๐ฅ BTC Fake Breakout & Meme Coin Cycle โ Market Reality Check ๐
๐ 1๏ธโฃ #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 ๐งฑ.
The rejection and pullback were expected โ this scenario was already discussed days ago. No surprise here.
๐ค So whatโs next?
๐ป 2๏ธโฃ Short-Term Patience, Long-Term Bearish Bias
I remain long-term bearish, but I donโt like chasing shorts after the move is already underway.
Short positions opened below 92,600 already captured the easy part of the move.
โธ๏ธ After taking short-term profits, I prefer to step back and wait.
๐ Iโm watching the 92,300 area for a possible second test of the top
If price revisits that zone โ Iโll consider re-entering shorts
If not โ reassessment is required
๐ง No rush. Let the market show its hand.
๐งจ 3๏ธโฃ Meme Coins: Exit Liquidity Exposed
Yesterday, Shuqin reminded everyone to exit Binance Life and other meme coins.
๐ That same night, many of them dropped ~15% โ exactly as shown on the chart.
๐ A small short was opened,
โ
Principal already secured
๐ฒ Remaining position = profit only, letting the market decide
This is how risk is managed โ not chased.
๐ 4๏ธโฃ Can We โCatch the Bottomโ on Binance Life?
Real talk: these coins are purely cyclical.
Every mini BTC bull wave ๐ข โ
BSC leaders + influencers ๐ โcaravan modeโ ON โ
Short-term hype pump ๐
๐ช $ๅธๅฎไบบ็ / Binance Life follows this pattern every time.
๐ซ 5๏ธโฃ No Need to Re-Enter Now
This cycleโs pump is already done.
๐ค Smart money exited near the top.
โณ The better move? Wait for the next major market shift.
Personally, I donโt spend much time on these coins โ
๐ BTC alone provides more than enough opportunity.
When real opportunities appear on BSC, Iโll point them out.
โ ๏ธ 6๏ธโฃ WLFI Update
Shuqin mentioned shorting $WLFI near the 0.172 resistance.
After a brief rebound, price has already dropped significantly ๐.
I still havenโt fully closed my earlier short at 0.187.
Whether itโs #BTC or small-cap coins, the key is the same:
๐ง Donโt fall for market illusions. Trade the structure.
๐ Final Thoughts
Markets rotate. Narratives change.
Discipline > Emotion.
Letโs stay sharp and aim to perform well in every phase of the market.
๐ช Keep pushing forward.
๐ Stay patient.
๐ฅ Stay ahead.