This short position could indeed be taken down—the starting point was actually quite ordinary. The price kept grinding around 0.2438, and on the surface there was no obvious breakdown, but I noticed the rebound was getting increasingly weaker, while the speed of high-to-low pullbacks was getting faster and faster. This kind of chart usually isn’t strong—it’s consuming the people chasing longs.

In the middle, there was a pullback that really was scary; the short position in my hand nearly got shaken out by emotion. Later I reminded myself that what truly matters isn’t one or two wick pokes, but whether there’s new buy-side absorption after the rebound. When the price moved to 0.163, the answer became crystal clear.

The final result showed +2351.6%. This time there was no forcing it through luck and hard holding; instead, it patiently waited for the details at the high where there were no takers to play out into realization. The more it makes people afraid to pull the trigger earlier, the more decisive the subsequent sell-off often is.

Many retail traders don’t really fail to understand the direction—they’re just frightened off by the volatility in the middle. For shorts, the most important thing is not to let a single rebound change all your judgment. If the rhythm stays intact, the market will naturally give you feedback.

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