The market action in the opening segment looks quite strong. Many people probably expect a pump, but I’ve been watching the support at the higher levels instead. When the price is near 0.02762, it appears to be moving sideways on the surface; however, every time it spikes up, it quickly falls back. The buy-side isn’t continuing to hold it—this kind of走势 makes me more willing to wait for a short opportunity.

After opening the position, I didn’t immediately dump. Instead, it churned for a while. The hardest part was watching others shout about a breakout while I still didn’t dare to move. Later, that false breakout sucked in the chasing orders, and then heavy sell pressure concentrated—after the price dropped to 0.01389, the final review result for this trade was +1220.76%.

To be honest, what a short position fears most isn’t slowness—it’s losing patience first. The feedback from the market was very straightforward. After this leg of the drop, I became even more convinced in my judgment that the higher levels were under pressure. It wasn’t because it dropped that I turned bearish; it’s because the earlier issues still hadn’t disappeared.

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