This wave just now was really brutal. After $RENDER pushed up at the high level and couldn’t move, it then directly got hammered down. Shorts went from taking entry at 2.0071 to 1.5269, and now +1152.18% has already come out.

In plain terms, the rhythm has changed. A lot of people got tricked into entering by that rebound earlier, thinking it could keep getting pushed up. But what I’m watching is the follow-through after the rebound. The price couldn’t manage to hold up there for a long time—once the level below finally broke, the short side’s room was opened up. This spot is crucial, because it’s not just a simple pullback; it’s the release after the bulls’ confidence has been continuously consumed.

The easiest place to make a mistake during a drop is when you’re already profitable and still want to finish everything in one bite. On my side, I’m more inclined to first handle the 80/20—lock in most of the profits first, and then let the remaining position ride with a protective level, depending on whether there’s additional space for the move to extend.

You don’t have to be in every segment of the trade. If you miss it, you miss it. The risk-reward of chasing in now has already worsened. Don’t rebound-and-chase—wait for the next opportunity. It’ll be more comfortable then.

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