This drop to the downside isn’t surprising. What’s unexpected is that some people still treat every pullback as a fresh takeoff—then once the shorts apply pressure, the whole rhythm changes.

When I looked at $IRYS , my core focus was one point: after it chops sideways at a high level, can the price still push higher? The reaction from the chart was very real—the higher it went, the less buy support it had. After shorting around 0.04832, the rebound didn’t have strength; instead, it walked the shorts’ position further and further into a comfortable spot.

Now it’s already at 0.01252. This short’s return shows +1,458.4%, and it’s clear that the room for fluctuation has opened up. I won’t try to eat everything in one go here. First, I’ll lock in profits in batches, and keep a portion to see whether the move continues lower. The protective level must keep up—can’t let gains turn into emotional trades.

In trading, the worst fear isn’t missing out—it’s seeing others make money and then getting reckless and chasing. If you haven’t entered yet, don’t rush. The positions that already have exited won’t chase new orders. Just be patient and wait for the next, more certain opportunity.

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