This drop isn’t unexpected—what’s surprising is that many people are still treating sideways consolidation at the high level as “building up energy.”

When $CHZ kept failing to push through repeatedly near the top, I could clearly feel the structure had changed—especially because every time it was pumped higher, someone was selling aggressively. That indicates the key levels above weren’t “pretend” resistance.

At the time, what I was watching was the quality of CHZ’s rebound around 0.03382—whether it could reclaim and hold that ground. The order book gave a very direct answer: after the spike failed, it started to weaken continuously. My short positions were therefore able to be held smoothly, without getting shaken out by mid-way small bounces.

Now the price has reached 0.01737, and this trade is up +2342.39%. The trend extension is obvious. Real opportunities often aren’t at the most hectic moment, but when most people are still hesitating and the direction has just started to change.

Next, I’ll take profit in batches: lock in 80 first, keep 20 in case there’s additional momentum for a deeper dip, and have the protection level move up in sync. If you didn’t get in, don’t chase. Don’t pursue the trade—waiting for the next opportunity matters more.

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