This drop is very typical—first you lure people into the high range, then suddenly smash it down. At the time, that $ICP candle breaking upward looked really fierce, but what I truly care about is how fast it falls after spiking high. It’s too fast, meaning nobody above is even willing to keep buying.

The short was added around 3.027. After that, the price slid all the way down to 2.123. Now I’ve already locked in +1439.8%, and it’s in hand. A lot of people panic when they see the wick, but I actually think that’s direction selection after the liquidity has been swept clean. The key is right here.

I had already noticed this area earlier: it couldn’t be pushed back up repeatedly, which shows the longs are getting drained. Once the breakdown happens, the shorts’ rhythm just falls into place. After the market’s upside potential is released, what’s most scary isn’t just earning less—it’s when you’re already in profit, yet a sudden bounce-back ruins your mindset.

Now I’ll lean toward taking care of most of the profits first. The remaining small position will be monitored with protection in place—if they can keep pressing down, I’ll keep watching; if they can’t press, I’ll exit. If you didn’t catch it, don’t chase—especially after a sharp selloff. Wait for the next time at a more comfortable position. Don’t get the rhythm reversed.

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