What a passionate night it was—this is truly a bull market for us bears! Just after shorting ZEC, BCH and WLFI came along to deliver more opportunities. Right now, many small coins have rebounded quite a bit, so there’s plenty of room to short.

Last night, I saw that BCH and WLFI, these two “big suckers,” had risen to resistance levels, so I shorted them. When I woke up this morning, I’d already made tens of thousands in profit. I’ve already taken profit on BCH—the levels are all marked on the chart—and I’m continuing to watch how it performs around the neckline at 570. As for WLFI, I’m still holding and monitoring.

Overall, the crypto market is in a strong rebound after a massive crash. Many coins can actually rebound quite a bit. On Friday, during the big crash, I took profit on 80% of my ETH shorts, which everyone saw me post about. I think if we let the market rebound a bit more, we can continue to build long-term short positions on various coins at higher levels, because the bear market won’t end in just a month—it will last a year. This is a bull market for the bears. $BCH $WLFI

There will be significant rebounds and consolidations in between, which are opportunities to re-enter. Right now, I’m focusing on whether the Fed will cut rates on December 10. If there’s a rate cut, crypto will rebound, giving us a great high point to short. We still need to keep an eye on the Fed’s moves—don’t rush, there will be plenty of opportunities in crypto. Didn’t we just securely capture those short-term opportunities in BCH and WLFI last night? ☺️