That sell-off just now was very decisive. The short-selling rhythm after $PIPPIN faced pressure at the highs has actually played out. My entry reference was 0.0210; the current price is already at 0.0168, for a return of +384.42%. The volatility range in this move opened up more smoothly than I expected.

What really caught my attention was the pause after the spike. The price still looks firm, but volume couldn’t keep up, and the order book started to feel shaky. A lot of people thought it was just a normal pullback then, but what I saw was that the momentum behind chasing longs was fading, and the structure clearly changed.

In this kind of market, you can’t just stare at a single bearish candle. The key is whether it continues to push down and suppress rebounds at key levels. The result is already shown on the chart now: short positions can be managed in batches—lock up the bulk first for heavier positions, and keep the remaining portion watching for further extension using protective levels.

Don’t get carried away just because you’re making money, and don’t force a chase just because you didn’t enter. The market moves every day. If you miss this leg, wait for the next opportunity; once the pullback level looks more comfortable, then make your move.

$BTC $ETH