I’m quite satisfied with this short position today—not because the drop was sharp, but because the process of $APE weakening from a high level was very clear, giving enough confirmation.

I entered with an eye on 0.14746. After the rebound failed here, the chart started to weaken continuously, and the key levels were being pushed lower and lower. Many people are still waiting for a strong bullish candle to save the day, but honestly, it’s just that the rhythm has changed. The levels that could be pulled back before are clearly unable to be pulled back this time.

Now the price is at 0.13521, with a profit of +596.18%. The market’s upside/downside space has been released. The most frightening thing in trading is when the structure is clearly broken, yet you still hold on with hope—this short position was able to capture this stretch precisely because it wasn’t shaken out by short-term rebound scares.

No need to get excited right now. Once the profit comes in, think first about how to protect it. Those with a large position can take profit on most of it first, then let the remaining small position follow with the protection level—don’t let the gains you’ve got get wiped out by back-and-forth chop. If you didn’t catch it, don’t rush: don’t chase shorts, and wait for the next more comfortable setup.

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