Price changes have begun to validate the previous judgment. The pattern of pulling up and then smashing back down earlier is actually a sign that the bulls cannot hold.

This short trade I followed from around 7.894, and after opening the short, I mainly watched whether it could repair the key level above. In the end, it kept pressing down to 7.865, and +26.96% was released accordingly, making the short position realized smoothly.

My trading habit is to stabilize the mindset first after profits come out. After processing with an 80/20 rhythm, I place the protective stop at a more important level. In a downtrend, it's easy to be scared by a pullback; execution is often more critical than the judgment itself.

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