That move just now looked a lot like liquidity hunting. $ESPORTS first swept upward, pulling in people chasing longs, but the level above couldn’t hold—then it turned around and smashed straight down.

Shorting from 0.02772 to 0.02271, now +354.44% has already been taken out. This profit isn’t made by guessing; it’s made by waiting for it to show its flaws.

This position is off.

The upward push didn’t have follow-through, but the pullback was very decisive—showing that the bulls on that side have started to panic. My handling is simple: take profit in batches first, keep a bit to see whether the downside continues to release, and the protection level must keep up. If you missed this leg, don’t rush to add a short position—wait until the retracement isn’t stable before acting. Don’t turn into liquidity after you’ve cashed out.

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