The main thing I wanted to say when revisiting this is: seeing the right direction doesn’t mean you can hold onto it. After a short position was opened around 2.0071, price first went sideways for a while, then suddenly shot upward with a spike. In that moment, my mindset really broke down. A lot of people beside me may have already been shaken out, and some even started to wonder whether they should flip and chase longs.



I didn’t immediately change my mind, because this rally lacked follow-through. After pushing up, selling pressure showed up quickly, and the price fell back into the original range. For me, the real signal wasn’t that spike—it was that after the pump, no one was still willing to keep absorbing. The rebound looked lively, but it was actually pretty hollow.

When the market moved to 1.4447, this trade’s outcome showed +1349.41%. There wasn’t anything magical in the middle—mainly, I didn’t let myself get carried away by short-term fluctuations, and I also didn’t chase back at the lows just because I missed the initial drop. Keeping the rhythm is already not easy.

This time again reminded me that in a bearish market, the easiest mistake is getting itchy when you see it falling. The logic of pressure at higher levels needs time to play out. Slower is fine. What’s really scary is chasing before the direction is confirmed, or getting kicked off just because the first bit of movement triggers emotions.

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