This round of $EWY short positions is now very clear. From opening the short at 198.58 to now 196.19, the price has been pushed lower all the way, and the bears’ pace didn’t leave much room for hesitation. Many people were still waiting for the bounce to continue earlier, but the bounce didn’t hold—instead, it became a better sign of pressure. To put it bluntly, this isn’t sudden weakness; the problem started right at that high-level moment. Current return is +27.66%. I’ve already handled 80% of this trade according to the short rhythm, and the remaining 20% continues to watch whether there’s further downside extension below. The protection level has also been moved down, so profits aren’t given back too much. After this sell-off is realized, the biggest fear isn’t making less—it’s seeing the result and wanting to chase. If you didn’t enter near 198.58, don’t force a chase at 196.19. Look at the next structure instead. $BTC $ETH

EWY-0.86%
BTC1.03%
ETH1.12%
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