This time it wasn’t a violent surge out of nowhere—it was a step-by-step grind that wore down the weakness at the high end. A few days ago in the afternoon, $SLX was wavering back and forth above; the price kept probing higher but still couldn’t hold firm. The moment there was the slightest rebound, the sell pressure immediately followed—like the whole chart was being pressed down by a hand.

When I looked at SLX’s performance around 0.21150, the key wasn’t whether it would pump—it was whether anyone would step in to take the buys once it went up. The result was crystal clear: the buy-side didn’t continue. The rebound was feeble, and the “baiting longs” flavor only got stronger. So I followed through and completed opening the long—without randomly adding halfway through.

Now the price is back at 0.12326, and the short position profit is +821.48%. This chunk of meat is falling right into my lap—so satisfying. If it’s time to take profits, take them. First close 80%. For the remaining 20%, push the protection level to the cost basis line—if it keeps dumping further, let the profits run. If there’s a rebound, also guard what you already have first.

Don’t grind away your patience in range-bound chop, and then try to regain dignity by betting in a one-way move. For friends who haven’t entered yet, don’t chase—wait for the next shot. Once the position is clear, then make your move and quietly await good news.

$BTC $ETH