The US Tax System

Is a slow but extremely ruthless machine
It won't remind you to exit at the high
Nor urge you to enter at the low
It only, when the time comes,
Demands people to cash out

I've seen this situation too many times:
Prices are pushed to a seemingly safe level at the beginning of the year
People talk about prospects
Talk about trends
Talk about how this time is different
Yet deliberately ignore a fact

Tax
Never accepts faith
Only accepts dollars

Under this structure,
The market often presents an enticing move
It may first go up,
Create a short squeeze,
Make the last shorts give up their chips,
Encourage the hesitant to chase high

This is not the start of a trend,
But a courtesy before liquidation

True prices
Usually return to where they should be
Before the bill starts to take effect

In my view, this time is no exception

If the price chooses to fall back,
It won't stop at the first discussed level,
Nor respect any emotional support,
It will keep stepping down,
Until most people start to doubt:
Is it not supposed to rise anymore?

2450
Is the level I am willing to wait for seriously

Not because this number is mysterious,
But because it’s uncomfortable enough

2510-2490-2470-2450-2430,
Waiting for that one needle,
These are not predictions,
But steps I am willing to hand over my chips to time

I won't place faith at any specific point,
I only allow the market to gradually hand over chips at these levels

If it really steps down,
This needle,
Maybe enough for me to not worry about long positions for the next half year

And if it doesn't come,
I have nothing to lose

Because the truly expensive thing
Is never missing an opportunity,
But prematurely expressing a stance at the wrong level

The market doesn't owe me a drop,
And I don't owe the market a chase

I only do one thing:
When others are eager to prove themselves,
Stay quiet,
Let the tax form do the cleaning for me

— Big Shark - Trading Notes $BTC $ETH