This round is a typical play of sweeping people at the high level, then delivering the kill on the way down. $ASTEROID looked strong at first, but the real risk was already hidden in the pullback.

Back then, what I was watching was the speed of the retracement after the needle-like push above. After placing a short around 0.0001670, the chart didn’t keep increasing with volume to attack higher—instead, it started to repeatedly bait longs. A lot of people see the rally and chase in, and the very next second the rhythm flips. This kind of position really tests patience, and it’s also where emotions are most easily thrown off.

Now the price has reached 0.0000538, and the short is floating in profit at +1333.48%, with a clearly opened room for volatility. This isn’t just about a single bearish candle. After the bulls repeatedly attempted and failed, the funds chose to release downward. That earlier fake strength, when you look back, was essentially confirming the direction for the shorts.

If you have positions, don’t just stare at the profit ticking up and down. Lock in about 80% in batches, and keep the remaining 20% with a protection level. You can be happy once the market plays out, but don’t get carried away. If you didn’t participate, don’t chase shorts—don’t chase orders on a rebound either. Wait for the next opportunity.

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