$BTC This week's first move: Shorting $MAGIC

Suggested stop-loss price: 0.262 or 0.272

Opening basis: Three consecutive days of significant gains reaching a peak

BTC trend: High position retracement

In three days, it has increased by more than three times! The first and second days both had gains exceeding 70%, and today the gains have narrowed. After continuous fluctuations on the 4-hour chart, there was a sudden significant surge upwards, marking the last explosion of the short sellers; once they are exhausted, the market makers will become the biggest bears. Two hours ago, after collecting 3% in funding fees, the market makers started to reel in their nets! It is expected that there will be a significant drop by tomorrow morning. Short immediately, no need to hesitate. Current price 0.237