This short position finally played out. When $CGPT was pressed down from a high level, the market gave a very direct attitude.

I entered this short near 0.03778. What really caught my attention at that time was that the upward momentum was no longer accompanied by volume. Every time the price rallied, it was smashed back. Many people were still waiting for a continued rally, but in fact, something was off here. I had already noticed this level earlier, and once the signal appeared, I didn't want to hesitate any longer.

Now the price has come to 0.01833, and my floating profit has reached +2479.28%. The market space has been released quite decisively. Holding on to this short position was not about guessing the top, but about seeing the pressure and no longer stubbornly fighting the bullish sentiment.

The biggest enemy of profits from this kind of decline is greed. I would be more comfortable with an 80/20 phased approach: first lock in part of the profits, then let the rest ride with a protective stop to see further extension. If you haven't entered, don't chase the short; wait for a retracement to give a more comfortable entry.

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