This round of selling pressure looks brutal, but the intraday logic is actually very clear. $CFX It kept pretending to be strong at the highs; when many people see it not dropping, they want to chase. I, on the other hand, became more and more cautious the more I watched—because the breakout didn’t have sustained volume, and the key level’s suppression wasn’t absorbed. The rebound only piles risk higher.

I already paid attention to this area earlier. When CFX was around 0.05811, I judged this was more like the shorts building up momentum rather than a further push higher. After it broke down, the pace became very straightforward: the price stopped grinding and released directly downward. At the current price of 0.04502, this trade’s +1084.81% is basically cashing out the earlier waiting. The room for volatility has clearly opened up.

At times like this, the hardest test is human nature—taking profits is easy to get greedy, and if you didn’t get in, it’s easy to act on impulse. On my side, I’m following an 80/20 approach: most of it first gets taken out in batches, and the remainder stays with protective orders to see whether it can continue to extend. Missing out is missing out—don’t chase just to prove yourself. Wait for the next chance, for a more comfortable entry, and don’t chase orders.

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