This short position finally paid off. After $MON was pushed down from the high, the market’s response was very direct.

I wasn’t watching for a single bearish candle—I was watching for the rebound after the surge to fail to hold, with the buy side clearly weak. Opening a short around 0.02476 was essentially betting on high-level pressure holding.

Back then, many people were still waiting for it to keep running higher; what really caught my attention was that the rebounds were getting shorter and shorter, while the selloff was getting more and more decisive.

Now the price is at 0.02259, and this trade is already up +420.11%. The upside/downside room has been released pretty smoothly. To put it bluntly, the rhythm has changed—once the shorts take the initiative, don’t rush to fight against it head-on.

If you have positions, I’ll handle it with an 80/20 approach: take profits on most first, and keep a small portion with a protection level to see how far it extends, so you don’t give back too much of the gains. If you haven’t entered yet, don’t chase now—wait for the next more comfortable spot.

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