$CGPT One step down, and the market feel changes completely. This isn’t “a short position that only makes sense in hindsight”—the flaw had already appeared before the high was broken.

At the time, I was watching how price reacted near the key level above. Every time it tried to push up, it was quickly pressed back—showing that above it was not willing to keep giving room. A lot of people were still waiting for a breakout, but what they waited for wasn’t a rally; instead, the key level was pierced through layer by layer.

I went short around 0.02421. The point wasn’t to bet on a straight fall the whole way—it was to see whether the follow-through would keep weakening. Now we’ve reached 0.01871, and the return shows +1098.02%. The space released by this move has been direct enough, and it also indicates that the prior high-range consolidation was more like distributing positions.

The most feared thing in trading is when the rhythm has already changed, yet you still stubbornly hold to old thinking. Now that there’s profit, protect it. If your position size is large, you can take profit in batches first; for what remains, set your protection levels and keep observing—don’t let a pullback ruin the entire trade’s momentum.

If you haven’t entered, don’t be in a hurry. Don’t chase on rebounds. Even the shorts are just waiting for the right spot—when the next opportunity comes, you can act then.

$BTC $ETH