$VELVET short positions have been quite satisfying this time, not because I'm bold, but because after multiple failed attempts to break higher at the previous peaks, the vibe was already off. Many were still waiting for further upside, but I paid more attention to how each rebound was suppressed, indicating heavy selling pressure above.

Earlier, I had already noticed this level for VELVET. The real change came after it broke through a key support and the retrace showed no strength. I entered a short near 1.66025, with some hesitation along the way, since this kind of position is prone to fakeouts that shake out positions.

From 1.66025 down to 0.39167, the market gave its answer, resulting in a +757.68% return. I didn't rush to show off; instead, I moved my stop loss lower, locked in some profits, and let the rest run.

The biggest danger in such moves is getting euphoric after making money and thinking the trend will continue indefinitely. In short, after the short gets realized, you need to stay calm. Don't chase what you missed, keep your rhythm with what you have, and wait for the next signal to act.

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