Honestly, the market trend in the earlier segment looks pretty strong. A lot of people should have the impulse to chase and get on board, but what I’m watching isn’t the superficial pump; it’s whether, after every push higher, there’s still someone willing to keep taking the bid. The price probed a few times around 0.4506 but couldn’t hold—instead, there kept being buy-and-revert moves after spikes.

I didn’t short right away, and I was also worried about getting tricked by a fake breakout. The real thing that changed my mind was the later rebound—the strength looked significant—yet it was quickly smashed back to the original level. The follow-through was clearly not keeping up, and only then did the bears provide a relatively clear signal.

After that, the price was pushed down to 0.2681. The result of this trade came out to +990.99%. There were some wick spikes in the middle, and there was also a brief pullback attempt. The easiest moment to panic is when you just get in and then an adverse move shows up. Luckily, I didn’t lose my rhythm just because of one or two pullbacks.

In the past, I often saw people chase only after things started falling. In the end, they either caught a falling knife or got washed out. Now I’m more willing to wait for weakness to reveal itself at higher levels, then act once the market gives feedback. This isn’t that I only look bearish after it drops; it’s that the problems that existed before have always been there—this time, they were finally validated by the order book.

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