This recent drop was quite straightforward. After $UB faced pressure at highs, there wasn't much fightback, and short profits opened right up.

I acted around 0.21896. At that time, I noticed that the rebound heights were getting lower, and each time the price surged up, it was smashed back down, indicating that someone was already distributing at the top. Now the price has come to 0.08213, and the position profit has reached +1533.06%. The space of this move has been released quite clearly.

What really caught my attention is that most people were still waiting for a breakout, but the market first showed a false strength. To put it plainly, the rhythm has changed. It's not that we turned bearish after seeing the drop, but the details before the drop were already off. Especially after facing resistance, it didn't quickly recover, giving bears a reason to continue pushing the price down.

For those currently holding positions, don't be greedy and try to eat it all in one mouthful. You can handle it 80/20: first protect the profits, and for the remaining position, use a trailing stop. If you missed it, don't rush to chase. Chasing in the latter part of a decline is passive. Wait for the next opportunity and a more comfortable entry.

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