This short position finally paid off. The drop from the high point in $SAHARA was decisive on the order book. A lot of people beforehand were still waiting for a bounce to keep pushing up. At the time, I wasn’t focused on whether it would rise—I was watching whether, after overhead resistance, it would keep failing with continued volume.

My short entry was at 0.03743. Now the price has already come to 0.0095, and my current profit is up +3593.51%. To put it plainly, this move wasn’t about chasing the selloff; it was because I saw that the top repeatedly couldn’t hold, the structure clearly changed, and only then did I dare to stick with the short thesis.

What really confirmed it for me was that weak bounce. The price printed an upper wick but didn’t get follow-through. Short-term funds started to withdraw, and once it broke down later, everything just aligned. Many people at the time were still hesitating, thinking it was only a shakeout—but the key is right here: the more it looks like it’s about to rally, the easier it is to trap the late longs at high levels.

Now the profits have already been realized. If your position is heavy, you can consider handling it in batches with an 80/20 split: lock in part first, and keep the rest with a proper protection level while watching for further extension. If you didn’t get in, don’t rush— the downside space that’s been created isn’t for chasing. Wait for the next more comfortable entry.

$BTC $ETH