This is not a simple pullback; after sweeping the highs, it directly gives space downward. The move in $NAS100 is brutal.

What really caught my attention was the earlier false rally. Many saw the surge and wanted to chase longs, but the price couldn't hold steady around 29885.23, and it dropped as soon as pressure came from above, indicating that buying was not absorbing. At that moment, I preferred to stand on the short side, wait for the breakdown confirmation, then hold positions to see the downside release. Now it has come to 29762.79, and the short position profit has shown +38.08%. The volatility space has opened up, and the rhythm is more decisive than expected.

This kind of market easily hurts those who hesitate. First they get tricked by the rally, then they get shaken out by the sharp drop. The key point is here: a wick is not strength; after sweeping liquidity, the direction becomes clearer instead. Don't be greedy with profits; handle in batches of 80/20, set stop-loss properly, and keep a small remaining position to see if it can extend further.

Those who missed it should not add emotional orders. Don't chase longs or shorts; wait for a more comfortable position before acting.

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