This wave of $MYX short position, up to now, there's actually no need to pretend to be calm.

From 0.1975 pressed down to the current price of 0.0859, +1112.6% is already in hand.

The most critical thing is that at the high point, many people were still waiting for a continuation of the bounce back, but I felt something was wrong at that time.

The price couldn't push further, the support was weak, and it increasingly looked like a decline after a fakeout.

There were bounce backs in between, but they were weak, which instead gave the bears a reason to continue pressing.

This kind of market situation is most afraid of hesitation, insisting on being bullish when it's clearly weak.

On the position side, it has been handled according to the short order rhythm.

80% take profit and secure first, the remaining 20% continue to hold, see if it can still follow the weakness and extend further.

The stop-loss level has also been moved down, not letting the profit retrace significantly.

To be honest, this decline didn't come suddenly; we had actually noticed this level earlier.

If you didn't catch it, don't chase; chasing in will mess up your mindset. Check the next structure.

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