The end of every up-move, in essence, is a chip exchange.

While some people are busy chasing the price up to buy, there must also be someone slowly taking profit at the top.

After $SOXL pushed above 200, I wasn’t focused on how much further it could rise, but on whether the chips at the high level had started to loosen. Then, a series of weak rebounds followed: the highs kept getting lower, and the short side’s rhythm gradually took the upper hand.

This short has been held all the way until now, and it has already multiplied by more than 3x.

For brothers who are following along, the most important thing right now isn’t to keep betting on the limit, but to keep the initiative in your own hands. Lock in some of the profits first, and leave the rest to the market to validate.

If it continues to break down below around 182, there will be opportunities later; if it reclaims above 190, that means the chips are starting to flow back in, so don’t linger with the remaining positions.

What truly determines profitability has never been about entering the trade—it’s about understanding when the chips begin to change hands. $BTC $ETH #GateUS合规扩展佛罗里达