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This short position could be eaten this time—the key isn’t chasing right after seeing a sell-off, but that the earlier spike at the high and subsequent pullback already showed signs of exhaustion. I started watching the shorts around 0.0197. Prices surged a few times but still couldn’t hold above that level; the order book support kept getting weaker. Many people were still waiting for a pump, but I felt this was more like creating illusions for the longs.
What really felt painful was that after opening the position, it didn’t drop immediately. The market kept grinding back and forth for a while, and during that period it even came with a wick that nearly washed me out of the trade. Honestly, at that moment I had key levels in hand, but my original judgment wasn’t invalidated. I didn’t panic and jump off just because of short-term fluctuations.
Later, selling pressure finally concentrated and released; the price kept falling all the way to 0.015. This time, the short momentum was verified by the chart, and the result was recorded as +459.76%. Not every time you open a short can you smoothly take profit. The condition for holding it is that you don’t get thrown off by fake moves in the middle.
If you’ve been in crypto long enough, you know that at the highs it’s easiest to get carried away. Seeing a few pushes makes people think it’s going to keep running. But what really matters isn’t the apparent strength—it’s whether there’s follow-through and order-book support after the spike. This trade helped me confirm that again: patience is sometimes worth more than being quick with your hands.
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