The chart action in that earlier high-level move looked pretty lively—the price kept probing higher, and many people thought it would keep pumping. But what I noticed was that the higher it surged, the weaker the post-trade follow-through became. The sell pressure became more obvious each time, so around 0.03382 I started seriously considering a short opportunity.

At the beginning it didn’t go smoothly. There were several quick rebounds in price; the order book kept ping-ponging with needle-like moves, which was really wearing. I didn’t panic and jump off just because of the short-term rally. Instead, I waited for it to return below the key level zone, confirmed that the bulls hadn’t reclaimed the ground, and only then continued observing according to the original rhythm.

Later, the downtrend unfolded gradually. 0.01306 already verified this call, and the final result corresponded to +2957.54%. What I felt most from this trade wasn’t how much profit I made, but whether—during repeated shakeouts—I could bring my attention back to the original logic.

After this drop, I became even more convinced about the bearish approach. I’m not bearish just because the price fell. It’s because insufficient high-level follow-through, the breakout failing and rolling over, and the buildup of sell pressure had already shown up long ago—the market just amplified these issues.

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