mignolet
mignolet|Feb 06, 2026 22:40
Second short closed in this bearish cycle. We are seeing a short-term rebound, but I have zero hesitation. The price is still in the low $70K range. Right now, short-term volatility is extremely wide in both directions. When market deception expands this much, it becomes easy to act under psychological pressure. This is a moment to step back into a no-position stance and observe the market calmly. If I conclude that the market has clearly shifted into a bullish cycle, I will buy Bitcoin on the spot market and state that decision clearly. If not, when the timing is right, I will re-enter trend-based short trading. From a broader view, nothing materially has changed.(mignolet)
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