Published 27 May 2026, 22:30 UTC · fetched 3 Nov 2026, 10:57 UTC
Killa
@KillaXBT
Quoting · 25 May 2026, 20:38 UTC · context given to the AI
The swing short update.. $BTC There’s not much change for now, price is still ranging and moving sideways. If you’ve been following along, you’ll know I’m running a hedge long targeting the gap fill around 79K. At the same time, I’m watching for a bearish retest (lower high) to form before a potential move down into the 70s. The invalidation for the hedge long sits just below 74K. This is mainly in place to protect the short position in case price pushes up to fill the gap. If the hedge long gets stopped out, I’ll simply continue holding the short in line with the overall plan. Market conditions have been quite choppy lately, so it’s best to stay patient, pick a side with conviction and wait for price to reveal its direction. I am simply following the macro downtrend.One of the longest swing short I’ve held on $BTC so far. 41 days of nothing but chop and sideways price action, but it’s finally starting to move in the intended direction. Entry was a bit early, but the position is now in profit. Looks like the hedge long will likely get stopped out. Initial build zone was 76.3K–74.9K with the SL just below 74K. There’s a strong chance that level gets taken this week or next. Regardless, I’m still holding the main swing short. Definitely hasn’t been an easy hold, but sticking to a plan matters more than reacting emotionally to every move. 73.6K remains a very important level. If we lose that area cleanly, I think 71K becomes likely. In that scenario, I’ll look to close 25% of the swing short from 77.8K. Right now we’re still at a critical point structurally. This retest needs to hold, otherwise it’s likely just a failed swing setup and continuation lower. Big takeaway from this trade, having a plan is one thing, but actually sticking to it through difficult price action is what matters.View original on X ↗
Deterministic: the same prices and policy always give the same result
r = 64813 / 74307.82 − 1 = -12.8%d × r = +12.8% (neutral only if the price is unchanged) → correctOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
Think the interpretation or outcome is wrong? Sign in with X to request a correction, so reviewers know who is asking.
Sign in to request a correction