The key level I was watching closely finally showed the impact of human nature today.

When $DOT kept repeatedly trying near 1.280 but couldn’t break through, I felt something was off here. On the surface it still looked like it was ranging, but the bullish force had already started to fade. A lot of people see a consolidation and just wait for the breakout, but what the chart felt like to me was that the sell-side supply overhead was getting heavier and heavier.

I’ve held the short position until now; the price is at 0.855, and the profit is already up +2361.48%. This drop didn’t suddenly appear—what matters is that every rebound was weaker than the last, and gradually the selling pressure took control of the timing.

Brothers who have positions: don’t just get excited about the returns. After the market has released its room to move, you should also control your drawdown. I’ll first do entries in batches with an 80/20 plan—have the protection level follow up—and then decide based on whether the trend extension is clearly obvious.

If you missed it, don’t force the chase. Trading isn’t about grabbing the last bite. Don’t chase this setup—wait for the next time there’s a clearer confirmation of the location.

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