This short position finally paid off. The moment $FIL got pressed down from the highs, the feel of the order book changed.

This time I wasn’t watching just a single bearish candle—I was watching FIL at the top repeatedly fail to push higher. After price gave short opportunities from around 1.0505, it still hadn’t managed to reclaim the key range for a long time; something was off. A lot of people were still waiting for a rebound to keep pushing, but what really caught my attention was that the rebound was getting weaker and weaker—the active sell orders started taking control of the tempo.

Now the price is at 0.7758, and the unrealized P&L is already +1259.3%. This stretch of market space got released pretty decisively. Getting filled on shorts all the way here isn’t about chasing the dump into it—it’s about keeping an eye on the shift in momentum while it was still under pressure at the highs.

If you have positions, brothers, you can now consider an 80/20 split to manage it in batches: lock in part of the profits first, and keep the rest with your protection level in place to watch for further extension. Don’t let the gains you already took be knocked back by a rebound.

If you didn’t get on, don’t force a chase. When it drops and you think about rushing in, it’s easy to get washed. Wait for the next, more comfortable entry.

$BTC $ETH