After this wave of selling, the market’s vibe has completely changed. $VVV It had been grinding higher up top for a while, looking like it wanted to keep pushing, but the key is right here: just because the price can hold up doesn’t mean capital is willing to keep catching it, especially as the rebounds get shorter and shorter—there’s clearly weaker active buy-side demand.

What I was watching at the time was VVV’s pressure around 15.620. The attempt to go higher didn’t hold, and the pullback was actually even more decisive—this kind of rhythm is not a market bulls feel comfortable in. A lot of people are still hesitating whether to buy the dip; what I care about more is whether anyone is stepping in at the high levels—the answer is obvious: no.

The current price is 11.534. The short position profit shows +1260.67%. Once the room for volatility opens up, profits are realized quickly. I won’t get emotionally carried away here. If I can take profit in batches, I’ll take it in batches—keep a little position with a protective level, and see whether the move extends clearly or not.

Don’t force it if you missed this; chasing after the acceleration is very passive—wait for a more comfortable entry.

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