This wave of $CGPT selling has turned the intraday atmosphere quickly.

Initially around 0.03778, it appeared to be consolidating on the surface, and many thought it was just normal volatility. But what I saw was shorter highs on pullbacks and increasingly weak buying support.

The trend is going against most people's expectations.

The more it seems like it can't drop, the more suddenly it gets broken.

Core judgment:

If it can't push back above, once it loosens below, short positions have room to play.

Now the price has arrived at 0.01891, and the short position's profit has already shown +2402.79%. This downward rhythm has materialized quite directly.

Position management remains the same.

Take profit on 80% first, don't give back the profits already gained. Keep the remaining 20% with a protective stop to see if there’s further extension.

This is not a good time for emotional short chasing.

If you didn't enter at the earlier level, don't force it. Wait for the next pullback to resistance to look for an opportunity.

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