This wave of short positions finally played out. The moment $SAHARA was pushed down from the high, the feel of the chart was already unmistakable. Back then, a lot of people were still watching for a rebound, thinking it was just a normal pullback, but I wasn’t watching that single line—I was watching the bounce get weaker and weaker on the way up.

I had already paid attention to this level earlier. After price faced pressure around 0.03743 and the buy side couldn’t hold, the shorts’ tempo took the upper hand. Now the price is at 0.00949, and this ROE is already at +3594.79%—the room in the market has been released pretty decisively.

What really confirmed it for me was that the second rebound didn’t break above the prior high. If it had still been able to push back up, I would have directly admitted the momentum hadn’t broken out; but it didn’t give the chance—instead it kept being smashed lower all the way down, which shows the funds are pushing in the direction of the shorts.

For brothers who have positions, here I’m more inclined to first protect 80% of the profit, and keep the remaining 20% with a protective stop while looking for further extension. Don’t let the profit you’ve got get shaken back. If you didn’t get in, don’t be anxious—don’t chase. Wait for the next more comfortable entry point to move.

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