There’s a saying in the crypto space I used to believe too: once the market has fallen a lot, don’t short—it's easy to get slapped in the face by a rebound. The quote is correct, but you also can’t rigidly follow it.

Like this time with $SNDK . It looked like it had already dropped for a while near 2095.20, but there was heavy resistance overhead. Once a bounce started, people were selling into it immediately—it really didn’t look like an easy turnaround.

The point I wrestled with at the time was exactly this: I was afraid to chase a short, but I was also afraid of missing the main drop. In the end, after seeing it fail to reclaim higher levels several times, I chose to follow the weakness. That process wasn’t easy, especially after entering short—chopping back and forth really makes you think: did I just short right at the bottom again?

As a result, later the price pushed down to around 1776.76. This trade returned +732.59%. The market response was pretty direct, but the psychological tug-of-war in the middle was real too.

So now I’m not too superstitious about fixed sayings. Falling a lot doesn’t necessarily mean you can’t short—the key is whether someone is there to absorb the selling. Without dip-buyers, many rebounds are just giving short sellers a more comfortable spot.

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