This batch of short positions is being realized very decisively; the market hasn’t given too much hesitation time 📉

$CFX From the moment it started facing pressure from the high point, what I was watching wasn’t whether it could still push higher—it was the force with which every rebound above was pushed back down. A lot of people at the time were still waiting for a second rally, but things were already off here: the buy-side couldn’t hold, and the price got thinner the more it ground.

I’d already paid attention to this level earlier. When CFX was near 0.05811, I chose to follow the shorts’ rhythm. What truly confirmed it was that after the break, it didn’t quickly reclaim the level—meaning the bulls’ line of defense had loosened, and the short thesis began to play out.

Now the price is at 0.04485, and the profit is at +1098.9%. The room in this market move has released quite clearly. Those with heavier positions can first handle part of it with an 80/20 approach; the rest should keep a good protective level and continue watching for extension—don’t let too much profit get given back.

If you didn’t do it, don’t rush. And don’t, after seeing a drop, chase shorts—missed it and then wait for the next opportunity, and move only when you find a more comfortable level.

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