This short is really satisfying. After $PIPPIN was pushed down from the high, the chart finally fully cashed out all the earlier weakness.



Before the signal appeared, I had already observed changes: multiple rebounds around 0.0210 failed to hold the level. The price looked like it was still ranging, but internally the rhythm had turned bearish. Many people only watch for whether there will be a big bearish candle, ignoring the detail that the counter-pullbacks were getting shorter and shorter. Simply put, once the buying pressure can’t push up, it becomes easy for the shorts to break through on the downside in a follow-through.

Now it’s at 0.0168, and the current return is +384.42%—the extension of the move is clear. I didn’t rush to act on those smaller rebounds in the middle. The key was that the protection level wasn’t touched; as long as the short structure is still intact, there’s room for the profit to keep rolling.

But once you’re in profit, don’t get carried away. On my side, I handle it in an 80/20 split in batches: first, take the bulk, and leave the remaining position to be decided by the market. Downside profits may feel comfortable, but pullbacks are also the easiest to scare you. If you miss it, don’t chase— the market won’t only give you one chance. Wait for the next time at a more comfortable level.

$BTC $ETH
PIPPIN-0.59%
BTC1.17%
ETH2.60%
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