This recent drop is very typical of a sweep-and-go. $UB was grinding back and forth at higher levels earlier, seemingly still holding up, but actually every time it rallied someone sold it down. Many people were shaken out and dared not move, while the real direction revealed itself in the panic.

I entered my short at 0.21896, and now the price is at 0.07587, with a return of +1602.49%. At that time, I wasn't focusing on a single bearish candle, but on the fact that after sweeping up, it couldn't recover for a long time. This indicates that after the liquidity above was eaten, the market lacked the power to continue upward. Once the rhythm breaks at such a level, shorts easily take over.

This trade has played out, and the volatility space has opened up, but I won't turn the profit into an obsession. For those with larger positions, the gains are already considerable. You can consider an 80/20 phased approach: first lock in the main profit, and trail a stop on the remaining position to see if it continues.

This kind of market movement most easily triggers impulsive chasing from those who missed the entry, especially when they see the drop and want to add shorts. Simply put, the rhythm has changed, but the levels have also become sensitive. If you missed it, don't chase; wait for the next opportunity to strike.

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