$MMT This drop isn’t the kind where a single big bearish candle just crashes down. It’s more like a slow grind—gradually wearing down the bulls’ patience.

I shorted around 0.1840. The price keeps pulling back at times, but every attempt to push higher fails to go far. It doesn’t look exciting, but the focus has been moving downward the whole time. By the time the market reacts, the current price has already come back to around 0.1753, giving this trade more than 2x the room.

This kind of market is the hardest to catch. Since it falls slowly, people easily start doubting the direction. But as long as the highs keep capping it and the rebounds can’t reclaim the key levels, the short-side thesis doesn’t change.

Now it’s already close to the previous low area, so there’s no need to keep testing patience. Friends who have followed can start trimming their positions; the rest should let the market perform on its own. A “slow knife” is the most punishing—and also the easiest for impatient people to hand over their chips early. $BTC $ETH