This decline didn't come suddenly. The previous failed breakouts of $EDEN had already written the answer on the chart, but many people are still being fooled by fake bounces.



The short entry point was at 0.06541. What I was paying attention to at the time wasn't a single candlestick, but the change in buying support after each rally. The price rises slowly but drops quickly. Once this structure appears, highs can no longer be viewed as strong.

Now the price has hit 0.04047, with a return of +750.44%. After the market space was released, holding the short position feels much more comfortable. What was truly difficult was the consolidation before the breakdown, which easily makes one doubt their judgment. But as long as the protective stop-loss level is clear, you won't get shaken out back and forth.

Currently, I'm leaning towards a 80/20 management approach: take partial profits on the main position, and use a protective stop-loss to monitor the extension on the remaining position. If the retracement does not reclaim the key level, there's no need to rush.

For those who missed the entry, don't chase—especially in a position that has already dumped with space created. Don't chase the trade; wait for the next signal when it's more stable.

$BTC $ETH
EDEN7.44%
BTC1.19%
ETH0.67%
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