The most uncomfortable part isn’t that there’s no opportunity, but that once you’ve identified the right direction, the market just won’t move for a long time—so many people get shaken out in the grinding mill. This time, I also almost lost patience. Several times the price surged higher, but it didn’t truly follow through; meanwhile, the short-side thesis kept becoming clearer through repeated probing.

Back then, I treated 16.26 as an observation level, focusing on whether there was continuous follow-through above. Every time the price was pushed up, it quickly spiked and then fell back. Although some people were catching “knives” below, the continuity was clearly insufficient—so I didn’t panic and get off the train just because of a single rebound.

Later, when the price dropped to 14.57, this short position finally turned waiting into results. The profit in my records is shown as +737.48%. Those mid-way spikes were indeed quite tormenting. Fortunately, I wasn’t swept into changing my judgment due to short-term volatility.

Experienced players all know that during the grinding mill phase, what’s most tested isn’t nerve—it’s patience. Going short isn’t about chasing every dip; it’s about waiting for the market to reveal its fatigue on its own. This time made me value that rhythm even more.

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