Just after finishing watching the bearish news, the chart was still pretending to stay calm, but in an instant it started searching for key support levels downward—this round of shorts got executed very smoothly. A few days ago, when I was watching the market in the afternoon, $ALT ’s rebounds got weaker and weaker; the volume didn’t keep up, and every time the price approached the key level zone, it was pushed back down.

I saw ALT grinding repeatedly in the high zone, but there wasn’t continuous buying to take over—on the surface it looked like it was building up energy, but in the details it felt more like a bull trap. Back then, I reminded everyone: don’t get thrown off by just one or two upside candle spikes—wait until the sell pressure truly kicks in before taking action.

The short position was opened around 0.008374. The current price is 0.005925. The review result is +720.07%. It was tedious at first, but once the direction finally landed, all the waiting got answered.

First, close for +720.7% to lock in the profit; the remaining 93% will continue to be monitored, with the protective level moved up to around the cost basis. If it keeps dumping further, let the remaining position run along; if it rebounds, at least it won’t give back the bulk of the profit.

Being in no position isn’t a crime—opening trades randomly is the mistake. This isn’t the time to rush. Don’t try to catch a falling knife just to chase what you missed. The market doesn’t lack opportunities; wait until the next market structure is formed.

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