This short was realized cleanly. The moment $GENIUS was pushed down from the high, the market’s feel changed. Many people were still waiting for a dead-cat bounce to reclaim the level, but at the time I was watching the consecutive breakdown after the area above came under pressure—especially the move around 0.6670, where it gave a short entry. The subsequent rebound clearly lacked strength.

I’d already been watching this level earlier; what really confirmed it was that every time price tried to surge, sell pressure just smashed it back. That meant the bulls’ relay had started to go weak. Now that the price is down to 0.3302, the profit on this leg of the drop is already +992.46%, and the room in the move has been fairly fully released.

The biggest danger with trades like this isn’t not making money—it’s making money and then trying to swallow everything in one bite. For accounts with larger positions, you can handle it in batches by 80/20: lock in part of the main profits first, then manage the rest with a protective level while watching for extension. I’m not chasing shorts here. If you miss it, don’t rush—wait for the next more comfortable spot to move.

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