$FF ’s drop this round was too direct. It looked like a sideways range that would grind people out beforehand, but in reality it was distribution at the highs. Once sentiment loosens, the price starts getting smashed down.

The key is right here: many people treat the sideways action as “building up energy,” but what I care about is that sell-wall limit orders keep reappearing overhead, while the bids being taken up at the lower levels are getting thinner and thinner. By the time the signal appeared, I had already observed the changes. As long as the rebound can’t stand and reclaim, the short trade’s cost-effectiveness shows up. What truly grabbed my attention was the weak rebound after the breakdown—this shows it wasn’t a fake dip, but capital pushing down in line with the move.

The short position entered at 0.10466; now it’s at 0.05799. The return is already +2145.61%. After the volatility range opened up, the chart has clearly moved into the bearish profit-taking/realization phase. This level is crucial. Once you have profit, don’t let emotion carry you along.

Those with heavier positions can take profit in batches with an 80/20 split, keeping a small portion with a protective stop to watch whether the move extends further. If you didn’t catch this leg, that’s normal too. Don’t impulsively chase just because someone else is晒 gains—don’t chase trades; wait for the next time with a clear, definitive signal.

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