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This round of price moves came more decisive than I expected. After $XAUT hesitated repeatedly at the highs, the bearish pressure became increasingly obvious, and my focus shifted from the strength of the rebound to the downside room.
The reference level at the time was 4,308.7—not because I would judge the direction from a single line, but because the feedback after the push upward wasn’t continuous enough. When the price moved to around 4,102.7, the shorts’ momentum started to release, and the +444.65% also served as a validation of this call.
In my review, the biggest fear with this kind of drop is being thrown off mid-way by small rebounds, so during the process I place more emphasis on profit protection and drawdown control.
If you missed this move, there’s no need to rush. Trading isn’t about one single outcome—staying in your own rhythm matters more.
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