This sell-off just now was very typical: it first wobbled upward, and then directly pushed down the longs who were chasing. The segment at the high of $NIL looked lively, but in reality the follow-through was already very thin—the real change was that after sweeping the short-term side, it didn’t continue to push higher.

Earlier, I’d already been watching this area. Around 0.07011, I chose to open a short—not because I was calling it loudly, but because the order book/price action gave confirmation: long upper wicks, a weak rebound, and a fast pullback. Most people were still hesitating at the time, wondering whether to wait for even higher; then one bearish candle dropped, and the rhythm immediately flipped.

Now the price has moved to 0.03529, and this short position’s profit is up +2391.75%. The volatility space has opened fairly smoothly. Here, I’ll first handle it in batches with an 80/20 split: take some profit first, and then use the rest with a protective level to follow through—so a sudden rebound doesn’t throw off your mindset.

In contracts, the most expensive thing isn’t getting it wrong—it’s getting it right but still being unwilling to handle the position. If you didn’t catch it, don’t rush into a short; wait for the rebound, wait for confirmation, and wait for a more comfortable position. Make your move next time.

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