This move is a typical sweep of the top first, then a drop; $SKYAI pulled up a lot of people right into it with that spike. But what I’m watching isn’t the drama—it’s liquidity.

After that long wick forms at the high, the chart immediately loses momentum and there’s no follow-through. This spot is critical. Around 0.21690, I choose to short. The reason is simple: after the pump, it doesn’t continue, and during the retracement it can’t hold firm, which indicates the chips above are starting to loosen.

Now the price has pushed to 0.03975; the short position’s return is +2002.67%. The room for volatility is clearly open. At first, many people were still shouting to keep pushing higher, but once it flipped, they turned around and started panicking. This kind of contrast is exactly where opportunities are most likely to appear in perpetual contracts.

I won’t linger here. An 80/20 batch approach will be steadier: first protect the profit that’s already been released, and let the remaining small position ride with the price action. If you didn’t enter, don’t chase just because you see it dropping. If you miss a comfortable entry, just wait for the next time a confirmed signal appears.

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