That break of the level intraday has already made the direction clear. $SLX kept getting repeatedly chewed up above; it looks like resilience on the surface, but in reality the buy-side is getting thinner—every time the suppression level is touched, it just retreats. A lot of people are still waiting for it to continue running a further rebound, but I think the short opportunity is actually clearer.

I already paid attention to this area earlier. The real key isn’t how much it drops; it’s that every time it rebounds, it can’t regain initiative. When SLX was near 0.24784, I chose to open a long position—looking for realization after selling pressure at the highs, not chasing according to market mood.

Now 0.10245 is already out, and +1155.3% is in hand. This move has extended clearly. To put it plainly, the rhythm has changed. Once that previous hard-stabilizing breaks down, short-term funds will withdraw fast, and short positions’ profits will also be released more smoothly.

If you have a position, remember to move your protection level up so you don’t give back too much profit; if you don’t have a position, don’t see it drop and rush in—don’t chase. Wait for the next opportunity, and act only when the price offers a more comfortable level.

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