The most painful part of holding this short position was the first few days, when it kept grinding back and forth without falling. Honestly, I almost ran out of patience. The level I was watching was 0.21896. My thinking at the time was that after consolidating at high levels for so long, it had to choose a direction eventually—it couldn't keep moving sideways here forever. Then a bearish candle suddenly broke down, and the follow-through was clearly weak, so I knew this short position was worth holding. The market confirmed it pretty quickly, reaching around 0.11687, with a +1143.55% move already realized. I did consider exiting at one point, but then I thought the logic behind my entry hadn't been invalidated, so I stayed put. That's the importance of timing and rhythm: even when you're right about the direction, you still have to hold on. Many people probably have felt this way—once you get through the most frustrating phase, things actually become easier afterward. $DOGE $ETH

Based on the overall market structure, the market has reached a short-term phase top, but there are no signs of an absolute top yet. At this level, both the market and capital need to test the selling pressure above, as well as whether there will be buyers stepping in even if prices fall. That is why this level will be tested repeatedly. For those taking a long-term approach, if there is an opportunity to move down toward 70,000, we can enter in batches. For long-term investors, whether you enter at 70,000, 65,000, or 60,000 actually makes little difference. More importantly, you need to stay in the game.

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