I saw the price constantly pushing higher around 0.06816. My first reaction wasn’t to chase longs, but to feel that the strength here was a bit forced. Every time the pump happened, it was accompanied by a pullback. There are plenty of people who want to get on the train, but the sell pressure above never truly disappeared.

This period has been quite tormenting. Instead of the shorts smashing down right away, they kept grinding the market repeatedly, which naturally makes you wonder whether you misread it. But I kept watching the performance after the rebound—so long as the price can’t lift off at key levels, the short thesis hasn’t been broken.

When the price moved from 0.06816 to 0.05791, the decline finally accelerated. I logged this trade result at +734.09%. The feeling wasn’t like suddenly grabbing a bargain; it was more like waiting a long time, and then the chart finally put the answer right in front of you.

This move made me further believe in a piece of wisdom an old player often says: being bearish doesn’t mean blindly smashing shorts every day. When you truly have conviction, it’s usually because strong resistance at the high has repeatedly shown up. Getting the rhythm right matters far more than blindly chasing the market.

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