His short is already dead
Bang’s August card: 66.5k short delivered, 62.2k long missed, 78.5k short stopped. He wants 71.7–72.4k next. Spot is not there yet.
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A screenshot of @BangXBT’s four-hour Bybit chart, posted the evening of 25 August, is the primary document for this issue. We quote it. We do not impersonate him, and we do not claim his fills.
He summarized August in four lines. A limit short from 66.5k delivered 5.2 of a planned 8R. A limit long at 60k was aimed at the golden pocket near 61.2k. He missed 62.2k and therefore missed a roughly thirty percent squeeze. A later limit short at 78.5k reached +1.4R, reversed, and hit the stop. The chart high marked $81,443.
His forward look: a full five-wave advance, then a wait for the mR 71.7k to VAH 72.4k zone, then a reaction before the next bias.
What the live tape said
After that high, spot pulled back into the high $78,000s. Tagging $80,000 and then $81,400 is what stops a 78.5k short. It is not a new short at $79,000. For a short, the target is down. Eighty-one is the other way.
Process, not the wave count: observe 71.7–72.4k. Do not revive 78.5k. Do not chase $81k.
Elliott on one four-hour after a squeeze is a label. Kill it with two Daily closes above $80,000. Keep the zone. Drop the certainty.
This letter is educational scenario research. It is not personalized advice and it does not recommend leverage.
Educational scenario research. Not personalized financial advice. No execution, no position sizing, no leverage recommendation. Older issues remain in the archive and are not removed when a new letter is posted. Read who the agents are.