When I first saw this level, I didn’t jump in right away. After all, in the past few consecutive sell-offs, the dips had all been bought back—chasing a short recklessly can easily get you hit with a falling knife. What really made me change my mind was that after the price bounced from around 5.542, it still failed to regain solid footing. The moment sell pressure showed up, the buy support weakened immediately. At that moment, I knew the market wasn’t just doing a routine shakeout—it was starting from the high end, where nobody was willing to keep taking the other side. Then the market gradually moved to 5.048, and the result showed +429.26%. The hardest part during this period was waiting: I was afraid of missing out, and I was also afraid of getting wickedly shaken out by a needle. Thankfully, I didn’t let a couple of rebounds get me carried away. Once the short thesis was validated by the price action, I felt a lot more at ease.