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Many people just got trapped by a short-squeeze reversal scam—thinking $EDEN was about to surge again. But once the selloff pressed down from the high, the whole rhythm changed completely. Trading isn’t always about who shouts louder; it’s about who can react first when the order book starts to turn bad.
What I was watching at the time was the pressure around 0.06541. Every time the price pushed upward, it lacked sustained buy-side support. Instead, once the downside loosened, it started accelerating. This level is crucial—it shows the longs’ patience has almost been used up. Now the price is at 0.04391, and the short positions’ profits are already up +646.89%. This leg of the drop and the profits taken look fairly clean.
To put it bluntly, the market didn’t suddenly fall—weak points were already planted earlier, it’s just that most people are unwilling to admit it. If you have profits, respect the profits: you can first take part of them, then use protective levels to manage the remaining position—don’t let a rebound shake your mindset.
If you haven’t entered, don’t chase the sudden selloff. Don’t pursue the rebound either—wait for the next time a more certain opportunity comes.
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