This $EWY short position was quite grinding at the start. The price didn't drop from highs, nor did it keep rising. Many would easily mistake it for accumulation, but I saw that EWY's several pullbacks were all suppressed, so I started leaning toward the short opportunity.



Before the move started, I had already observed the change. The key is not to turn bearish after it drops, but that after it failed to go higher, the support became increasingly weak. The fake rally in the middle was the most testing — those chasing longs thought it was solid, while short sellers could easily get scared out. That's where trading gets difficult.

I executed the short position around 198.58. I wasn't trying to catch a key level, just looking for a stretch of certainty. Later, the price moved to around 171.16, and the feedback showed +338.59%. This decline repaid the earlier waiting period.

Now my thinking is simple: protect profits, don't let drawdown steal the rhythm. Opportunities come every day — don't chase if you miss, and don't get cocky when you profit. Next time, still wait for the setup to speak.

$BTC $ETH
EWY-5.27%
BTC-1.56%
ETH-2.10%
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