I want to say something about this trade: when $VELVET was under pressure at the high, the market atmosphere had already changed.

At first, everyone was watching for a breakout, thinking it could keep pushing up, but what I was watching wasn't how loud the hype was, but whether the price could hold after each surge. The result was obvious – VELVET repeatedly failed at the top, and the pullbacks became faster. This was already off, and the short opportunity became clearer.

My short entry was at 1.66025, now the price has dropped to 0.46851, and the profit shows +711.84%. This wasn't a lucky trade; it was an execution after waiting for the structure to weaken. After the price space was released, the most important thing isn't to continue dreaming of capturing the entire move, but to take back the initiative first.

Currently, I will handle it in an 80/20 split. I'll lock in most of it first, and let the remaining small position trail with a protective stop. If it continues to weaken, let it run; if the bounce is strong, don't give back the profits.

If you missed it, don't chase. Don't rush in when others are taking profits. Don't chase the trade. Wait for the next opportunity.

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