This wave of $INJ downward slaughter, I'd rather see it as the cashing out of fund rhythm. At the previous high, it repeatedly stalled, seemingly accumulating power, but every time it tried to go up, it was pressed back. The main force didn't continue to push, and the market began to get dangerous.



My short position was opened at 4.849, and now the price has moved to 4.818, showing a profit of +29.79%. This was not obtained by guessing the direction, but by seeing that the upper pressure became more and more obvious, and the rebound had no strength, so I chose to go short along with the weakness.

Many people at that time only looked at the surface fluctuations, thinking that after the sideways consolidation, it would surge again, but the key is that volume and price didn't match. The price couldn't go up, but the decline was smooth, indicating that the active selling pressure had begun to dominate. In other words, the rhythm has changed. If you continue to look at it with a bullish mindset, it's easy to be taught a lesson by the market.

Now that the profit has been made, it is not suitable to continue emotional position adding. You can take profit in batches with 80/20 to lock in the main gains, and the rest can follow with a trailing stop. Those who haven't entered should not rush in just because they see a drop. Short positions need to wait for a good entry, not chase lows, and wait for the next more comfortable opportunity.

$BTC $ETH
INJ5.38%
BTC1.19%
ETH0.67%
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