What really caught my attention was that the rebound failed—the price didn’t continue pushing higher; instead, it stalled at the top. For me, this kind of detail is more useful than a single long bearish candle.

My take is simple: after $XAUT provided a key-level reaction around 4308.7, it later rallied to 4018.5, showing that the earlier strength was only a brief correction and didn’t change the weak structure.

Now the return rate has reached +625.66%. This leg has been a relatively smooth realization of the short side’s “space” being cashed in. During the process, I wasn’t thrown off by minor counter-pull bounces—I mainly kept an eye on whether the timing had been broken.

After trading for so long, I’m increasingly convinced that the outcome is just a record—the judgment process is the key. If you missed this move, there’s no need to regret it. Keep observing and don’t let one or two bouts of volatility lead you astray.

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