This short position has finally delivered. When $NIL started getting unable to hold the highs, I knew this chart wasn’t simple.

What really caught my attention back then wasn’t a single bearish candle—it was that every rebound got smashed back down. The buy-side looked active, but the actual support kept getting thinner and thinner. I had already been watching this area. Once an opportunity came near 0.07011, I chose to open the short along the key level, instead of following the crowd up front to gamble on a pullback.

Now the price has moved to 0.03515. This unrealized gain is already +2401.37%, and the market’s room has been released very decisively. Many people are still waiting for the so-called “second surge,” but the structure has clearly changed. The pressure at the highs isn’t something you just say—it’s something the market has been stepping on, piece by piece.

For brothers who have positions, you can consider an 80/20 split here: lock in part of the profits first, and use your protective level(s) to judge how far it can extend for the rest. The biggest thing short traders fear is being greedy all the way to the end and then getting eaten back by a reversal. Timing matters more than emotions.

If you haven’t boarded yet, don’t rush. Don’t chase rebounds, and don’t blindly chase short entries either—wait for the next more comfortable position.

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