$VELVET's drop was realized, my first reaction was not excitement but relief. This type of high-level pressure position is most afraid of wearing you down to the point of self-doubt. VELVET went from 1.66025 to 0.39915, showing a result of +753.16%, at least indicating that it was correct not to blindly chase long positions at that time.

Actually, I had noticed this level earlier. The rebound seemed lively, but every time it surged up, it was pushed back. The real change came when buying began to hesitate, and the price stopped going upward actively, instead sliding down along key levels.

Many people lose on one point: they dare not short when it drops, and want to chase when it rises. In simple terms, it's not that the market is difficult, but that you always want to catch the most comfortable position, and the market just doesn't give you that comfort.

Now for this position, I will lean towards a defensive approach, first protecting the gains that have been made, to avoid being disrupted by a sharp pullback. If signals continue to come later, I will follow; if not, I won't chase.

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