So many people just got washed out by that move, but the $USELESS longs actually moved more clearly. My long position went from 0.06822 to 0.082, and the profit is now +973.46%. This leg is a typical pattern of “scare people first, then lift the price.”

That earlier huge down-swing looked really vicious. In the comments, everyone started to panic, but I felt like something wasn’t right here. Because after the wick/spike, the price didn’t keep weakening, the lower-level trading was brought out, and the price was recovered just as quickly. This kind of order-book action doesn’t look like a simple sell-off—it looks more like clearing out floating positions.

What really drew my attention was the quality of the rebound after the sweep. The price moved back above the key range again. The shorts weren’t able to expand their advantage, so the longs gained room to push back. Now that the profit has already been released, don’t just keep staring at the key levels. Splitting it 70/30 will feel more comfortable—save part of it first, and then let the rest follow while watching and protecting the support.

The biggest fear in this kind of market is chasing when emotions are at their hottest. If you didn’t catch it, don’t rush. Don’t chase orders—wait for the next washout and then consider it when the conditions are more comfortable.

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