Many people were still shouting for a rebound just now, but the chart directly gave the answer—this is short positioning cashing in after pressure at a high level.

$ENA I started paying attention to this round early. The real key wasn’t the moment it broke down, but that earlier multiple attempts to rally didn’t manage to hold the price. Around 0.10734, I chose to follow the short because the strength of the pullback was clearly weakening; once volume picked up, it got pushed back down. This wasn’t strong consolidation anymore—it was a change in direction.

Now the current price is at 0.07581, and the profit on the short position has already reached +1414.58%, with the trend clearly extending. For those with heavy positions, don’t just focus on whether it will keep falling. After profits have come out, deal with part of them first; then keep the remaining position aligned with the price action using your protection level. That will keep your mindset much steadier.

The easiest place for the market to mislead you is that right before a fast drop, it still gives you a little hope. My approach is simple: take what you’re supposed to take—don’t get greedy for the final leg. If you didn’t get on the trade, don’t force the chase. If you miss the entry, don’t chase the order—wait for the next opportunity.

$BTC $ETH