This round of short positions has been taken very comfortably. After $SUI was pushed down from above, the move didn’t give much room for hesitation. Entry price 1.0667, current price 0.7511, current profit +1425.73%. The downside profit from this leg has already been realized.



The real turning point isn’t the moment the breakdown happens, but the repeated probing before the breakdown. Every time it surged upward, it got pushed back down, which shows that the funds are unwilling to keep taking higher-priced lots. A lot of people are still waiting for a counter-pump; what I see is that the structure has clearly changed, and the shorts have started to control the pace.

Now don’t get too excited—once the profit is out, respect the profit. For a big position, handle it in batches first; the remaining portion with protection should keep watching—if it can extend, hold, and if it can’t extend, exit. Don’t harden it and fight against the rebound.

Don’t slap your thigh if you missed this segment. Don’t chase the rebound, and don’t recklessly chase shorts either—wait until the next time the position is comfortable to act.

$BTC $ETH
SUI-0.45%
BTC0.81%
ETH3.22%
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