To be honest, the market action in the previous segment is very likely to shake people out. It has been ranging at the high level for several rounds. On the surface, there are still pump-attempts, but in reality, each time it runs up, it can’t be held. I didn’t rush to chase a short position; I just watched whether the price could drop back into the key area again.



Only after the rebound loses momentum and selling pressure shows up again do short positions truly catch the rhythm. There were also pullbacks in between; I was anxious for a moment, but the move from 0.2438 to 0.1587 became smoother and smoother. In the end, this round took 80% profits—feedback earned through patience.

I used to frequently get stopped out early because I was afraid of a pullback. Later I realized that when the judgment hasn’t failed, short-term wicks don’t mean the direction has changed. The selling pressure at the high level has been obvious. This time, I didn’t let my emotions run the show; only by taking in this leg of the decline does the recap feel worth it.

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