This short position can be held and profitably exited—the key isn’t chasing after seeing the price fall, but that earlier, when it surged and then rolled over, I noticed the buy-side support above was getting weaker. The price kept hovering and ranging around 277.1; several times I tried to push it higher, but sell pressure pressed it back down. That’s when I decided to short following the rhythm.

When I first got in, it was actually pretty stressful—things didn’t immediately crash. Instead, it came with a wick/spike, and I almost panicked at the wrong moment. Fortunately, I wasn’t shaken out. After the selling pressure truly released, the price一路走高 to 190.8. This time, my post-trade review result landed at +1498.09%, and my short thesis was ultimately validated by the market.

In crypto, if you’ve stayed long enough, you’ll know the hardest part isn’t seeing the direction—it’s not getting shaken out mid-way by fake moves. This trade made me more confident in the logic of being under pressure at higher levels. Don’t lack patience until it drops out; and after it drops, don’t get carried away and chase the second leg.

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