This drop just now—$MYX shorts took profit very decisively. Earlier, the price was still chopping around at a high level. From the surface, it looked directionless, but things are already off here: each rebound is weaker than the last, and it’s clear that capital isn’t willing to keep buying higher.

I entered my short around 0.1975. I wasn’t watching a single K-line—what I was tracking was the continued stall after the high-level pressure. Now the price has moved to 0.0764, and my unrealized profit is already at +1206.31%. This volatility space has basically been opened up.

A lot of people get worn down during a range-bound chop and lose patience; they wait until a real sell-off happens, but then they don’t dare to act. The key is right here: the market doesn’t become an opportunity only after it drops. Many signals were already given before the decline—at the time, they just didn’t look exciting enough.

For this position right now, I’m more inclined to take some profit first—handle it in batches with an 80/20 split. The rest will follow using a protective level. When a short is in profit, the biggest fear is getting greedy to the very end and then getting flushed out by a rebound. If you miss it, don’t rush to chase the short—wait for a more comfortable spot to enter.

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