This short position finally paid off. When $MYX dropped from the high, the market sentiment changed.



Many were still watching whether the rebound could continue, but I was more focused on the changes in support after repeated failed breakouts above.

Opened a short near 0.1005. The process was not easy; several bounces in between were scary, but what really caught my attention was that each time it rallied, there was no effective continuation, and instead, key positions were continuously pushed down. In simple terms, the rhythm changed, long chasers began to hesitate, and the bearish space truly opened up.

Now the price has come to 0.083, and this floating profit has reached +342.85%. The market space was released cleanly. For those with large positions, you can first partially close 80%, and let the remaining 20% ride with a protective stop, and don't let the profits be given back.

For those who missed it, don't rush. At this level, don't chase longs or shorts. Wait for the next more comfortable opportunity.

$BTC $ETH
MYX-4.30%
BTC-0.05%
ETH-0.47%
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