Just now, that plunge caught many off guard, but short positions have already been cashed in. When $ICP started weakening from its high, the chart actually gave multiple signals, but there was too much noise at the time, making it easy to be tricked by counter-trend bounces.

My short position was based on the resistance around 3.027. What really caught my attention was that the bounces kept getting shorter while the declines became smoother. This level is critical — if it can't push higher above, a breakdown below easily triggers cascading sell orders, so I chose to follow the weakness.

Now the price has reached 2.335, with a yield of +1104.11%, and the trend extension is obvious. To put it bluntly, opportunities were there before, but they were hidden in the hesitation of the majority. By the time everyone sees it, the move has often already played out.

I won't be greedy for the last bite here. Taking profits in 80/20 batches is more stable. The remaining position will have a trailing stop to see if it can keep going lower. The most important thing in the profit stage is to maintain your rhythm, not to be disrupted by a single counter-rally.

If you missed it, don't chase. The market has fluctuations every day. Wait for the next opportunity, for a more comfortable entry.

$BTC $ETH