When I saw this wave of sell-off earlier, I actually didn’t immediately chase shorts, because the price had already dropped for a while around 277.1—getting in recklessly would easily mean catching a falling knife. Later, after a few rebounds, the market still didn’t manage to regain solid footing. The buyers seemed to be trying to pull it back, but in reality, every time price surged higher, selling pressure held it down—this is what made me confirm again that the weakness wasn’t over yet.



By the time the price broke down again and fell through support, the shorts’ momentum clearly took over—from 277.1 to 197.6. I recorded the results of this review this time as +1381.65%. Even though there were rebounds in the middle, they didn’t change the fact that the highs remained under pressure; instead, they made my earlier judgment even clearer.

Missing that earliest move isn’t what’s scary. What’s scary is getting carried away and chasing right after you’ve missed out. Honestly, experienced traders all know that a good trade doesn’t necessarily require capturing the entire run. If you can wait until a level you can understand, then step in with confidence and keep the timing locked in—that alone is enough for this one.

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