This short position finally paid off. The drop from $BILL ’s high was decisive. Many people were still waiting for a pullback to confirm, but I wasn’t focused on how much it fell—I was watching whether each rebound failed to reclaim the level.

After entering around 0.07960, the chart showed a few rounds of tug-of-war. What truly kept me holding was that the key level kept getting lower, and the buy-side support looked clearly weak/illusory. Those who chased longs began to hesitate—this structure was already off. Now the price is at 0.03753, and the unrealized profit on the position has reached +1041.38%. The market’s downside potential has been released very decisively.

The biggest fear with this kind of profit from a down move isn’t not understanding—it’s being unwilling to handle your profits after you’re up. My approach is still to do 80/20 in staged entries and exits: lock in part of the main position first, then use the protected levels to trail the rest—let the profits speak for themselves.

If you haven’t entered, don’t get anxious just because it drops. Shorts are a timing trade, not an emotion-driven pursuit. Don’t chase—wait for the next rebound to give you a more comfortable entry level, then reassess.

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