After this wave of shorts played out, the market sentiment became very clear. Those previous forced rebounds, looking back now, were simply providing better entry points for short positions.

When I went short on $APE, what really caught my attention was the high volume but inability to push the price higher. Every time the price touched the upper level, it was suppressed. After opening a short position around 0.14746, the most crucial part wasn’t the immediate drop, but the fact that each pullback couldn’t hold steady, indicating that funds above were unwilling to continue buying, and the rhythm had already turned bearish.

Now the current price has hit 0.1412, with a profit of +301.22%, and the trend extension is clear. At this stage, I will first protect my profits—lock in what I can, and let the remaining positions follow the trailing stop. If the price continues to fall, I will keep holding; if the pullback strengthens, I won’t stubbornly hold on.

Futures trading isn’t about who’s braver; it’s about who knows when to exit. If you haven’t entered yet, don’t let the drop tempt you. Missed opportunities don’t require chasing trades. Wait for the next more favorable position to act.

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