The harshest part of the order book isn’t the direct drop—it’s that it first makes a bunch of people think it can still rebound. $FIL A few days ago, when it was ranging at the high level, many people were still waiting for it to keep pushing higher, but what I saw was that the overhead pressure was becoming more and more obvious.

The key is right here: every time the price tests upward, the strength gets weaker and weaker, and once sell pressure shows up, it can knock the rebound back down. This structure has clearly changed—on the surface it’s still grinding, but inside it’s no longer the bulls actively driving it.

So I executed a long near 0.9335—not to bet on one big bearish candle, but to follow the market’s fatigue. Now FIL is at 0.7867, with returns showing +757.32%; the move has clearly extended, and the shorts’ rhythm seems to have been realized.

At a time like this, don’t let profit get into your head. First, move your protection level lower. For those with larger positions, process it in batches using an 80/20 split, and keep a small portion to see whether it keeps releasing.

If you didn’t get on board, don’t chase and keep selling—don’t place follow-up orders; wait for a more comfortable level.

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