This time, I didn’t chase the short on the first wave of decline in $FLORK, since chasing a drop can easily get swept out by a rebound. My plan was to short on a rebound. I only entered after the price rebounded to around 0.028294 and formed an evening star pattern, with the stop-loss placed above the previous high. After entry, the market consolidated for a while before starting to weaken. When I saw the wicks along the way, I considered exiting immediately, but ultimately decided to hold the short according to plan. Once the stop-loss was executed as planned, my mindset stabilized. Later, the price gradually fell below the previous low, so I took profit on most of the position around 0.012611, locking in approximately 80%. The biggest takeaway from this move is that in a bearish market, the strength and volume of rebounds can be more telling than the decline itself. Stalling at highs combined with a low-volume rebound is a relatively good position to test a short. In the short term, the decline has paused at 0.012611, but the moving averages are still bearishly aligned. From here, I’ll only focus on one level: whether the rebound can regain a firm foothold in the key short-term level zone. If it fails to hold, I’ll maintain a bearish bias; if it truly holds, I won’t short for now and will wait for the structure to realign before looking for the next opportunity. $ADA $XRP

How is this a rebound? It’s CPR for my short position, isn’t it? When I opened the chart this morning, the rebound looked pretty fierce, and I was wondering whether my short position was about to take a beating. But after pushing up to around 104.51, it started moving sluggishly, with clear resistance above and no follow-through in volume. The afternoon directional signal a few days ago was short, and the order went in cleanly. When I checked the chart after lunch, 102.68 had already created room to the downside. That little bit of patience I usually can’t seem to find turned straight into results today. Those who went short around 104.51 are now sitting on unrealized gains of +161.88%, making for a very satisfying trade. I’ve closed 70% first, and moved the stop-loss on the remaining 30% to breakeven, so the profits don’t turn painful again. The market is waited out, and profits are held onto. Putting risk management first is rational; cutting losses only afterward is a heroic last stand. Take profits when it’s time—don’t get greedy for the final bite. Before the next opportunity appears, now is not the time to rush in. Chasing shorts at this level could easily get you bitten by a rebound. I’ll give the alert as soon as the next signal appears. $LAB $XRP

Missing a move and not chasing it is what I most want to review today. The rapid rise in $EDGEX during the early session was indeed tempting, but by then it had already moved away from a reasonable entry point, and chasing it could have left me in a passive position if a pullback occurred. In the end, the market remained volatile and strong, and I did not feel frustrated about missing it. This is the approach I have come to appreciate more recently. There was an earlier position in my holdings. At the time, I judged it to be a breakout pattern, but after entering, it stayed without much volatility. After holding through it for quite a while, it finally broke upward on heavy volume today. I chose to scale out in a 7:3 ratio during the volume-driven surge, locking in some profits first. I raised the stop-loss on the remaining position and set it slightly above the entry cost, balancing returns and safety. At this stage, we need to watch both the resistance around the previous high and the potential pullback momentum after the rise. The short-term bias is bullish, but the rhythm may shift to high-level consolidation. Going forward, I will watch for signs of bearish confirmation, such as rising volume without further gains or consecutive bearish candles. As long as the protection level holds, I will keep part of the position and observe. If it breaks, I will not hold on to illusions. In this kind of market, controlling the pace is more important than pursuing maximum profits. $ZEC $XRP