This dip isn’t just a simple sell-off—it’s a typical pattern of sweeping liquidity at the top before killing the price. $EDEN was pushed up repeatedly, and many people thought it would keep breaking through. But once the sell side showed up with heavy volume above, it got smashed down. When panic set in, it actually opened up room for the shorts.



At the time, what I was watching was the reaction after the wick. If it was really strong, the price should have quickly snapped back. But EDEN didn’t—instead, it couldn’t hold at the high, and sell pressure came in wave after wave. After shorting around 0.06541, the most important thing isn’t watching a single candlestick; it’s whether it can reclaim the key level again.

Now the price is at 0.0432, and this trade’s profit is at +668.57%. The visible volatility range has clearly opened up. In plain terms, the tempo has changed: the more the bulls try to push up, the easier it is to get smashed down by the overhead supply.

If you’ve got positions, don’t get too carried away—split it with an 80/20 approach, trail your protection level lower, and make sure to guard your profits first. If you’re not in yet, don’t rush just because you see the drop. Don’t chase entries—wait for the next pullback and catch a more comfortable level.

$BTC $ETH
EDEN-5.06%
BTC1.04%
ETH2.53%
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