After this round of sell-off played out, my position finally moved into the realization (profit-taking) phase—the short side’s rhythm is much clearer than during the day.

Since I opened a short on $PIPPIN at 0.0197, I’ve been watching the quality of the pullbacks. It’s not about getting excited just because it dips—it's about checking whether each time it rallies back, it can re-establish itself. The result is very clear: the pullbacks are getting weaker, the sell pressure is getting more proactive. Many people are still waiting for a rebound, but the chart has already started to give direction downward.

Now the price is at 0.0161, and the P&L shows +349.82%—the room for fluctuation has opened up very clearly. To put it simply, the easiest place for the market to fool people is at the high end when it looks strong on the surface. It may still have some upward moves, but there isn’t sustained buying anymore. By the time it truly breaks down, people who hesitate realize it too late.

I’m not greedy for the last bit here. I’ll handle it in an 80/20 split—first lock in the main profit, and use the protection level to see whether it can still extend. Losses must be controlled, and profits must also be protected.

Don’t chase what you missed, especially don’t open positions emotionally. Don’t chase the order—wait for the next opportunity.

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