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This wave of short positions has finally paid off. The market went from holding firm at highs to accelerating decline; the rhythm is very clear.
Opened short on $SNDK around 1695.17. At that time, many were still waiting for a pullback breakout, but what really caught my attention was the volume increase without price rise at the top; each time the price surged, it was pushed back.
I had noticed this level earlier. The selling was not a one-time dump but continuous attrition; the more the bulls chased, the more passive they became. Now the price has hit 1616.27, with position profit +218.43%. The market space has been released quite cleanly.
Here, I value the rhythm more than a single bearish candle. The failure to effectively recover after pressure at highs indicates that short-term initiative has shifted. Those with heavy positions can consider 80/20 batch processing: take some profit first, then hold the rest with a stop-loss to see further extension. Don't let profits be swallowed by a pullback.
Those who haven't entered yet, don't rush. Don't chase orders or emotionally short into the decline; wait for the next more comfortable position to act.
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