This short position finally paid off, and the chart level played out very cleanly. $ETH was pushed down from 2079.09 all the way to 1815.26; now it’s already up 2205.54% and the trade is realized. The shorts finally let out that breath.

At the time, I wasn’t focused on how much it dropped—I was more concerned that it kept failing to break through at the high end: volume couldn’t keep up, and the price was still forcing it. That level was already off. A lot of people were still waiting for it to keep pumping higher; I, however, cared more about how fast it retraces after running into pressure. That’s the key right there.

This trade wasn’t chased into with a panic entry. I’d already been paying attention to that level earlier and waited for confirmation of a breakdown before opening the long. Now that market room has been released, handle it as 80/20: take profits on 80%, keep the remaining 20% to watch for further extension, and have the protection level trail down so you don’t let too much of the gains you already locked in get given back.

Put simply, the rhythm has changed. After it’s been propped up hard, the sell-off afterward is the most damaging. If you didn’t get on board, don’t rush—don’t chase the trade, and don’t go wild and follow during the heaviest emotion. Wait for the next time there’s a more comfortable entry.

$BTC $SOL