This short position finally came through, and the market move was given very cleanly. I saw that $DOT couldn’t break through the high repeatedly up front, and a lot of people are still waiting for it to keep being pushed higher; I, however, feel like something’s already off here—the more it grinds, the more it looks like distribution.



What really got my attention was that after the price was pushed down from around 1.280, the rebound force kept getting weaker each time. The buy side looks lively on the surface, but the actual order flow can’t keep up. Now it’s at 0.843, and this short is already up +2422.46%. The market’s downside potential has been released pretty clearly.

On my side, I didn’t add more aggressively. After exiting, I’ll handle it in batches with an 80/20 split: first lock in most of the profits, and keep the remaining small portion with a protective level while continuing to watch for extension. The biggest fear with a profitable short isn’t holding it through—it’s making money and then getting pulled back by a rebound.

The rhythm here has changed, but don’t get carried away and chase shorts at lower levels. If you weren’t in the trade, no need to rush. Don’t chase—wait for the next more comfortable entry point.

$BTC $ETH
DOT-0.24%
BTC0.41%
ETH2.78%
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