This wave of short positions has finally played out.

That push at the high couldn’t break through—actually, the order book had already started showing signs of weakness. A lot of people are still watching for a rebound, but what I care about more is how the market gets absorbed after the rebound.

$MYX has been pressed from the opening price of 0.1005 down to the current price of 0.0833, and the profit is already +335.02%.

It’s not that the market suddenly decided to “give us face.” The weakness has been unfolding the whole time. During the down move, the rebounds have all been very brief, which suggests that active buy-side demand hasn’t been able to pull the momentum back. Sentiment is still forcing itself to hold up, but the structure is no longer cooperating.

Earlier, I noticed that the sell pressure at this level hadn’t dispersed, so I didn’t rush to change direction.

Now I’ll handle it according to the short-position rhythm: take profit on 80% first to lock in gains, and keep the remaining 20% posted near the protection level to watch.

Don’t chase shorts just because you see profit—the comfortable spot to enter has already passed. If you missed the move, wait for the next structural loosening, then decide whether to take action. $BTC $ETH