What really caught my attention was that moment right after the bounce failed—its momentum weakened. The price didn’t keep probing higher; instead, it began to actively fall back. This kind of detail is crucial in contract trading.

For this $SLX position, the opening price was 0.24784, and the current price has already reached 0.1674. From the opening price to the current price, the move played out fairly completely. The return rate shows +639.85%. The most important part is that, throughout the process, it wasn’t thrown off by interim volatility.

In my review of this kind of market, you can’t just judge whether the drop is fast or not—you also need to see whether the pullback has real strength. As long as the bounce is weak, it becomes easier for the short side to keep opening up.

For those who are following along, let’s record the process together. And if you didn’t catch it, there’s no need to regret it—conditions keep changing. Staying clear-headed matters more than acting on impulse.

$BTC $ETH