That prior market action looks like it’s about to keep pumping up. Many people have started chasing orders, but I feel the atmosphere is a bit overheated instead. It’s continuously testing at high levels, yet there isn’t fresh support to keep up. The faster it surges, the more it looks like it’s building key levels for the later dump.

I waited around 0.16207. I only took the short after the rebound weakened. At first it didn’t go smoothly—price kept whipping back and forth, and there was even a brief upswing. I was genuinely a little panicked. If someone chased orders there while getting emotional, it would be easy to get wicked out.

Luckily, the market didn’t manage to regain stability. Afterwards, it moved from 0.16207 to 0.14571, and the short trade is recorded with a +716.25% result. What really makes me feel solid isn’t the number—it’s that the chart finally made it clear that the high level was being pressured.

After this drop, I’m even more convinced by the short thesis. Not because it fell, but because the problems had been there all along. The strength was only superficial—the real contradiction was the lack of follow-through support.

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