Many people are still waiting for a $NAS100 rebound and repair, but this drop already tells you the problem. Bearish pressure at high levels isn’t just something people say—what matters is whether the price can continue the move after that; if it can’t, you have to respect what the market action is saying.

We already paid attention to this area earlier. Those strong-looking pushes near 29,885.23 were actually not enough in terms of volume and follow-through. The real turning point was the fake breakout: after it didn’t keep pushing upward, it was instead quickly slammed back into the range—this is already not right.

Now the price has reached 29,422.9. Your short positions are showing an unrealized profit of +148.44%, and the extension of the move is obvious—this isn’t just a normal pullback, but a trend release after high-level positions started to loosen. While many people are hesitating, the opportunity has already gone halfway.

My plan is to take profit in 80% in batches, keep 20% to see whether it continues to push lower, and trail the protective stop downward so the profit you managed to build isn’t taken back by a rebound.

If you miss it, don’t panic. At this kind of level, don’t chase—wait for the next signal to be clearer before taking action.

$BTC $ETH