Let’s recap this trade. The $IRYS high-position segment was really too typical. The price went short from 0.04832, and it’s already at 0.01257 now—+1458.81% banked—showing that my judgment back then didn’t deviate from the main thesis.

At the beginning, a lot of people saw the rebound and thought it should keep pushing up, but what I focused on was that the rebound height was getting lower and lower, while the pullback was getting faster. This kind of order-book feel was very clear—the structure was no longer a strong long trend. The real change wasn’t when it broke down at that moment, but before it did: the buying pressure already couldn’t hold anymore.

After the short closes, the biggest fear isn’t making less profit—it’s giving back too much of the gains. Now that the volatility room has opened up, brothers with larger positions can first handle the +1458.81%. The remaining 19%, with a protective level in place, lets us see whether it can continue to extend. Don’t turn one great trade into an emotional one—the real rhythm is taking profits and locking them in.

If you didn’t catch it, no need to rush. I’m not chasing here—wait for a more comfortable position to talk.

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