This sell-off is pretty interesting. It wasn’t that nobody was bearish beforehand, but that a lot of people couldn’t take the back-and-forth “washing” at the higher levels. When $WIF kept shaking around up there, I actually felt that an opportunity was about to show up—because if the order book is truly strong, it wouldn’t keep failing to push up for long.

At the time, what I was watching was the speed of the pullback after several rebounds: it went up slowly, but dropped quickly. That indicates there wasn’t enough follow-through from the top. Once the downside breaks through, it’s easy to accelerate. This level is crucial. The more people hesitate, the more likely they are to end up being passive once a direction finally comes out.

I opened a long position around 0.1891. The core is to watch for the short side to get “paid off” after heavy resistance at the highs. Now the price is at 0.1543, and +886.24% has already come out. With volatility room opened up, the most valuable part of doing this kind of review is to not get fooled by a fake rebound.

Profits have already been released. If you have positions, remember to protect your profits and don’t let your gains retrace too much.

No need to rush to chase afterward. If you miss it, don’t chase—wait for the next opportunity.

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