This dump down wasn’t sudden. The few fake breakouts at the high of $UB have already exposed the problem clearly. On the surface, it’s still tug-of-war, but inside, the longs have been repeatedly worn down. A lot of people see the wick and think it’s going to keep charging, but I’m starting to watch for short opportunities instead.

The UB short was opened at 0.21896. Now the market has moved to 0.07235, and the current profit is +1642.81%. If this stretch can be held, the core isn’t having a big nerve—it’s that after the breakdown, the retracement never manages to stand back; the extension is clear.

When panic hits, that’s when it’s easiest for people to cut positions randomly or chase entries randomly. The key is here: the truly comfortable short spot is confirmed when it shows resistance, not when you force-chase after a waterfall drop. Now the profit has already been realized—take out part of it with an 80/20 split first, and then see whether the protection level can keep being held.

If you didn’t get in, don’t rush. Don’t chase entries on the rebound. Even for shorts, wait for the rhythm. When the next opportunity comes, then make your move.

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