Just looked at $KGEN, this position is no longer a simple pullback. Went short from 0.20275, now at 0.1743, the price center has been moving down all the way, and the rebounds are getting weaker. This kind of price action is most likely to mislead people; on the surface, there seems to be a bounce every time, but in reality, each bounce is just giving the shorts more momentum. Most people focus on the rebounds, ignoring that high-level resistance is the main theme. This trade currently has a return of +663.64%. According to the plan, take profit on 80% of the short position first, and continue to observe whether the remaining 20% can still release more room. After handling the position, be sure to set a protective stop. The biggest fear for a profitable trade is turning from active to passive, so don't gamble against the market here, nor fantasize about a straight line. If there is another sharp drop around 0.1743, it is even less suitable to chase. If you missed the entry, wait for the next structure; trading does not require taking every move. $BTC $ETH