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$DOT this short position has been realized for now.
From the drop from 1.280 to the current 0.891, the “weakening feeling” at the high point during the session was very clear. This isn’t just me polishing things up after the fact—right at the market, seeing that the rebound lacked strength told me the bulls there started to panic.
Back then, many people were still waiting for it to keep pushing higher, but the price kept sinking lower and lower.
The core judgment is just one sentence: the pressure at the high level hasn’t been relieved, so the shorts’ rhythm is still in place.
Now I’ve achieved a return of +2156.38%. Per my plan, I’ll first take 80% of the profits and lock them in, and keep the remaining 20% to continue holding and see if there’s further extension. Not greedy, but also not in a rush to fully exit all at once.
In fact, I’d already noticed this level earlier—if it can’t be pushed up, that’s the problem.
The protective level has already been trailed down; it’s meant to guard against a sudden snapback that could shake people out.
If you didn’t catch it, don’t chase. If your short has eaten up to here, stay calm—watch the next structure for your next move.
$BTC $ETH