That step-down just now felt very familiar. First, it repeatedly lures longs at high levels, then suddenly dumps the order book. Many people who just chased in get carried away by their emotions, while the real opportunity is actually before panic sets in.

$AIXBT what I was watching back then was the reaction around 0.03358. The price looked like it was ranging, but the breakout didn’t continue. The pullback, however, kept getting smoother—something here was already off. The market’s best at deceiving people with these slowly grinding zones; by the time most people think it can still pump, the shorts start gaining momentum instead.

Holding the short until now, the price has come to 0.01989, and the profit is already +999.71%. The room in the trade has been released fairly directly. It’s not because it dropped that I call this short—rather, the prior bearish pressure signals were already on the chart; many people just hadn’t reacted yet.

Don’t get blinded by profit here. Using an 80/20 split to manage in batches feels better: first lock in most of the outcome, and then see whether the move can still extend. Your protective level must be kept up.

If you didn’t get on the train, don’t rush. Don’t chase and don’t start killing positions. Wait until the next time a proper level is presented.

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