This leg of sharp sell-off trapped a lot of people who got lured in by a fake rebound.

I was watching those sudden surges above $IRYS . They were pulled up hard, but they fell quickly too, which shows it wasn’t a healthy breakout. Going short around 0.04832 was based on expecting that the high-level support would start to loosen—when the rebound is more violent, it’s more likely to crush out space later.

The market has already been pushed down to 0.01281. The short position shows a profit of +1443.32%. After the panic flushed out, the rhythm became clearer instead—real strength won’t keep giving you chances to run. This is where the out-of-expectation move is getting fulfilled.

The profits have already been released. Don’t take them for granted. I’ll first deal with part of it. Splitting with an 80/20 approach feels more comfortable. For the remaining position, I’ll keep a protective level, letting the market speak for itself.

If you didn’t catch it, don’t beat yourself up. The more this kind of sharp drop happens, the more you need to stay calm. Don’t chase the order, don’t chase the low—wait for the next opportunity to open.

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