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After this round of decline in $IRYS, the most satisfying part is not the decline itself, but that the previous judgment has finally been verified by the market.
My short position entered at 0.04832. At that time, I didn't rush in just because I saw the green line, but because each rebound at the high seemed very strained. Many people were still waiting for a second rally, but what I saw was increasingly obvious pressure, with buying unable to hold, and once the price loses support, it tends to amplify in the same direction. Now the current price is 0.01379, with a gain of +1406.65%. The trend extension is evident, and the short position was closed relatively cleanly.
This kind of market really tests human nature — not daring to short before the drop, but wanting to chase after it falls. The key is here: those who can truly hold onto profits are not the most emotional ones, but those who have thought out their handling method in advance.
Currently, those with positions can do an 80/20 split, first protect the main profit, then use a protective stop to trail the remaining. Those who haven't entered should not rush to add positions; chasing lows is passive. Wait for the next opportunity with certainty.
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