This short position finally played out. That fake breakout at the high of $CGPT —while many people were still shouting to keep pushing higher—I actually felt something was off.

What really got my attention was that sell-side/upper trading volume expanded, but the price couldn’t be pushed. CGPT started to take pressure around 0.02421, and afterward every time it rebounded, it was pushed back down. This kind of market structure doesn’t look strong—it’s manufacturing illusions for the longs. I had already been watching this level; once the signal showed up, I handled it straight in line with a short-position rhythm.

Now the price has been driven to 0.01863. This trade’s profit is +1113.93%, and the market space was released very decisively. If your position is heavy, don’t get too greedy here—splitting it with an 80/20 staged approach feels more comfortable. Take some profits first, and keep the rest with protection while continuing to watch for further extension.

Many people lose because they stubbornly hold onto the direction even though the structure has clearly changed. To put it plainly, they didn’t keep up with the rhythm. If you didn’t get in, don’t chase—especially after a sharp sell-off; chasing a short then makes it very easy to get “educated” by a rebound. Wait for the next opportunity, and wait for a more comfortable level.

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