That quick dump just now scared a lot of people, but for short sellers, this is the window to realize profits. $CGPT After grinding in the high area for so long and still failing to break through for ages, it’s already telling you that the key levels above are heavy.

I’m not paying attention only because it’s falling—what really caught my eye was the false breakout around 0.03778. The price surged up fast and then got pushed back down, which shows that the people who chased longs got trapped above. After that, the follow-through kept getting weaker; once panic kicked in, shorts became even smoother.

Now the price is at 0.01884, and the open-position ROE shows +2416.82%, with room for volatility opening very directly. Don’t get blinded by profits here. It’s a good thing that the market has moved, but during a decline there can also easily be a sharp rebound, especially after this kind of rapid release.

If you have positions, you can consider closing 80% first and keeping 20% to see whether it can continue to break lower. Your protective stop must be in place. If you haven’t entered, don’t chase the dump—don’t follow the orders; wait for a more comfortable entry point.

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