As soon as the market display flipped, short positions started getting feedback. This drop in $PIPPIN isn’t happening suddenly—earlier, at the high levels, it kept getting repeatedly capped from above by selling pressure I couldn’t break through, and I felt something was already off here.

My short entry reference was 0.0197. Now the price is at 0.0165. After I got out for +319.83%, the rhythm became very clear. Most people are still waiting for a strong rebound, but the stronger the rebound looks, the weaker and more hollow it becomes. Volume is rising, yet it can’t be absorbed—this indicates that control has already slipped out of the long side.

This kind of market is the easiest to make mistakes in. Before the drop, you don’t dare to short; once the drop happens, you want to chase. The real comfortable trade is to pre-position when the signal appears, then wait for the market to validate it on its own. Now that the volatility range is open, handling it with an 80/20 split in batches is fine: first take the main profits, and keep the remaining position with protective levels to continue monitoring.

I don’t want to turn a profitable trade into an emotional one. If I can get +319.83%, I’ll respect the result first. If it continues to give a setup later, I’ll take another look—if you didn’t catch it, don’t rush to chase; don’t follow the order, and wait for the next opportunity.

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