This sell-off was very typical just now: first it wicks up a bit, then it directly presses down the ones chasing longs. The high-range move in $BAS looks lively, but in reality the follow-through was already very thin. The real change came after it swept the short-term longs—there was no further push higher.

Earlier, I already paid attention to this zone. Around 0.028373, I chose to open a short—not because I was shouting aggressively, but because the order book gave confirmation: long upper wicks, weak bounce-backs, and a fast pullback. Most people were still hesitating at the time, whether to wait for a higher level. Then a single bearish candle dropped, and the rhythm flipped immediately.

Now the price is down to 0.027748. This short is in profit at +43.37%, and the room for fluctuation has opened up smoothly. Here, I’ll first split the position using an 80/20 approach: take profit on part of it first, and use the remaining portion with a protective level to continue tracking—so an abrupt rebound doesn’t throw off your mindset.

The most expensive mistake in contracts isn’t getting it wrong—it’s getting it right and still being reluctant to handle it. If you missed the trade, don’t rush to short; wait for the rebound, wait for confirmation, and wait for a more comfortable level. Make the move next time.

$BTC $ETH