$LAB The XRP strategy I shared earlier has already taken profit in the previous round. The opportunity and conflicting signals are right in front of us. BTC has been quite frustrating these past few days, but I’d rather trust the chart structure than emotions. The daily, 4-hour, and hourly charts are all trading below the moving averages. Each rebound is weaker than the last, and volume hasn’t followed through—in short, buyers aren’t stepping in to catch the price. The moving-average band overhead is acting as resistance. For the price to move higher, it first needs to clear that hurdle, but current volume clearly isn’t enough.

There’s no need to rush when reading the market. Until the trend turns, rebounds look more like opportunities for the bears to take the lead. Of course, if volume suddenly surges and price moves above a key level, that’s a different story—we’ll need to adjust our outlook promptly. For now, I’m inclined to wait for a weak rebound before looking for the downtrend to continue.

🔴 Trade direction: Short
📍 Entry range: 0.0492496 – 0.0494898
🛑 Stop loss: 0.0526032
🎯 Take profit 1: 0.0469445
🎯 Take profit 2: 0.0453277
🎯 Take profit 3: 0.0429025

There’s no need to chase the winds of change; they’ll settle in on their own.
Stand alongside Sister Li, and let every moment leave an echo.

#LAB

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