This round of heavy selloff—many people got tricked into it by a fake rebound.

Back then, what I was watching was those several sharp pulls on $PEPE above a certain level. They surged hard, but they also fell quickly—showing it wasn’t a healthy push upward. Choosing to open a short around 0.000003774 was because I expected the high-level bid to start loosening once it began to lose support. The more sudden the rebound, the easier it is for the following drop to open up room.

Now the market has already been pushed down to 0.000002802, and the short position profit is showing +1833.11%. After the panic flush, the rhythm becomes clearer instead: truly strong price action won’t keep giving you repeated chances to escape. This is where the opposite of the expectation plays out.

The profits have already been realized—don’t take them for granted. I’ll handle part of it first. Splitting it 80/20 in batches feels more comfortable. I’ll also leave the remaining position with a protective level, letting the market continue to speak for itself.

If you missed it, don’t beat your leg. The steeper the selloff like this, the more you need to stay calm. Don’t chase the order. Don’t chase lower prices. Wait for the next opportunity to open.

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