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This $ESPORTS sell-off under the lows, I’d rather see it as the major player cashing in on the rhythm. The earlier repeated pull-and-push at the high level looked very strong, but in truth the sell pressure above has been getting more and more obvious. Short positions from 0.04289 to 0.01559 are now up +1252.82%—this isn’t luck; it’s because you followed the market’s real direction.
Many people only watch one green candle and ignore how the handoff afterward gets worse and worse. What really made me make the call is that every time the price spikes higher, there’s no further spread/expansion—instead, the key area keeps getting probed. This part is crucial: once the key level gets broken, the long positions that were piled up earlier will turn into fuel for an accelerated drop.
Now the profit has already been released, so there’s no need to make yourself too aggressive. For brothers with bigger positions, you can manage the positions in an 80/20 split—lock in the main results first, and for the remaining portion, continue to watch it with a protective level in place. In perpetual contracts, lasting longer matters more than one impulsive move. If you miss the move, don’t chase; don’t take revenge trades—wait for the next opportunity, and wait for a more comfortable position.
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