This short-selling move at the start wasn’t easy. After $BCH pushed to a high level, the chart looked like it had plenty of momentum, and many people around me were waiting for it to keep running. But I noticed that the higher the price went, the weaker the follow-through strength became, so I chose to enter in the opposite direction around 345.75.

After opening the position, it didn’t immediately get dumped. Instead, there were several pullbacks, and that process was really exhausting. The most likely place things go wrong is right here: seeing one or two bullish candles makes you doubt yourself, or you get scared by a false breakout and start moving around recklessly. Luckily, I kept focusing on changes in order book support and sell pressure.

After that, the price dropped from 345.75 to 211.29. The heavy selling pressure at the highs finally released continuously, and the result was recorded as +2758.8%. The market action validated my earlier idea: this wasn’t a random sell-off; it was because there was less and less willingness to take orders above, which gave shorts room to sustain.

After this drop, I became even more convinced by the short thesis. It wasn’t because the outcome was good that I praised my judgment—because the problems I saw back then truly existed. Sometimes you don’t need to rush to be the first to take the first step in trading. By waiting for the market to show the real versus fake strength, you’re more likely to catch the timing.

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