This recent wave of selling is pretty interesting. $FF didn’t just slowly drift down—it first kept ranging around the high end, grinding people down until they thought it could still keep pushing higher, and then a single candle dumped it hard. A lot of those chasing longs got thrown off by the rhythm.

My short position is around 0.10466. The key is this: liquidity was swept above for a round, but the price failed to keep breaking open—instead it dropped back quickly. At that moment, I judged it wasn’t an upward shakeout; it was high-level capital starting to withdraw, and the structure was already off.

Now the price is pressured down to 0.06381. The unrealized profit shows +1876.43%, and the room for volatility has opened up very clearly. Panic doesn’t show up on the first bearish candle—it shows up after a failed rebound, when people in the market realize they can’t catch it anymore. That’s the most comfortable timing for shorts.

If you have positions, don’t get carried away. You can probably take profit in batches with 80%, and keep the remaining 20% guarded with protective levels, watching whether it can still extend further. If you miss it, you miss it—don’t see it dropping and then rush in to chase a short. And don’t flip around and hit randomly. Don’t pursue entries; wait for a more comfortable spot.

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