This market move in the beginning looks pretty strong. After the pump, a lot of people started chasing orders, but I personally felt uncomfortable. When the price came near 0.16207, there were repeated spikes and pullbacks above; the buy orders didn’t keep stepping in. That’s when I chose to place a short position, waiting for it to show fatigue on its own.

What’s hardest to bear is that not long after I got in, the price was pumped again. In that moment, it really was easy to get an urge to act—feeling like maybe I’d misread it. Fortunately, there wasn’t any real, high-volume follow-through. Instead, it was hammered back into the original range again, and the “fake breakout” feeling became more and more obvious.

From 0.16207 to 0.14421, this last trade ended with a +788.49% result. When the market started accelerating downward, I wasn’t shaken out by a short-term rebound, because the pressure at the high end and the ongoing sell pressure were still there. The bearish direction hadn’t changed.

Many people lose money by running after emotions—when it goes up, they fear missing out, and when it drops, they rush to buy the dip. My takeaway is: seeing strength doesn’t necessarily mean it will continue. Once the follow-through can’t keep up, patience is often more valuable than being quick with your hands.

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