This empty-position short finally paid off. The sharp drop from $EDEN ’s high made the “feel” on the chart instantly obvious. A lot of people were still watching to see whether the rebound could keep going—but what I was seeing wasn’t strength to the upside; it was that the sell-side holding near the top was getting thinner and thinner.

This short on EDEN was opened around 0.05794. The current price is now 0.04256, and the unrealized profit yield is +524.7%. The real key isn’t how far it fell, but that after it repeatedly failed to push higher from the high, the sell orders started actively smashing the market—its structure had clearly changed.

You could already see this earlier at this level: every rebound got pushed back, which shows the bulls aren’t truly strong—they’re just stubbornly propping things up. Now that the market’s room to move lower has been released, brothers with larger positions can follow an 80/20 approach to handle most first; the remaining smaller portion, with a protective level, can keep looking for further extension.

Don’t let yourself get carried away just because you’re making money. In the profit phase of a short, the biggest fear is getting dragged back and forth like you’re riding an elevator. If you didn’t get in, don’t chase—wait for the next, more comfortable position to enter.

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