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The key levels I was watching at the front—this time we finally got the answer. Those few probes near the high of $ICP looked like it was going to break through, but every time it was short by just one breath. The real key was that the volume/energy didn’t keep up, while the price started to artificially stretch higher.
On my side, I opened a short around 3.027. After that, the market didn’t give me much hesitation—straight from the highs it was pressured down to 2.277. My current return rate is already +1193.21%. A lot of people are still waiting for confirmation, but what I care about is that before confirmation even appears, the structure is already off.
The most comfortable part of this down move is that the pullback didn’t change direction—it only gave a better entry/positioning confirmation. The more people shout that it’s going to bounce, the more the market keeps getting smashed lower. In times like this, it’s not about being stubborn with words—it’s about whether you can hold the rhythm.
Now the profits are pretty substantial. If you have positions, remember to protect them—don’t take gains for granted. You can take profit in batches, or keep a small portion to see if there’s more room once the extension is clearly obvious. If you missed it, don’t chase a short—wait for the next opportunity to come.
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