The recent price action looks quite strong—several pump moves made people think it would keep charging higher, but I’ve always felt that at the high level, nobody is willing to take the other side. The price kept probing around 0.2144; on the surface, the bulls look lively, but every time it spikes up, it quickly falls back. Honestly, this kind of fake breakout is the easiest to lure people in.

I didn’t change my mind just because of a single surge. I waited until the follow-through and support became thinner again, and then I followed the timing for the short. That rebound in the middle definitely startled me—I even had the urge to get out—but later there wasn’t a real reversal candle; instead, it kept pressing down toward 0.1796.

This trade ultimately recorded a +786.16%, and the result was good, but the process was by no means easy. Using an 80/20 staged approach made it less panicky when the price went through needles, and it also prevented me from messing up the rhythm I’d already figured out just because I got carried away for a moment.

After this drop, I became even more convinced of the short-side logic—not because it fell and therefore I turned bearish, but because the heavy sell pressure at the highs and weak support were always there beforehand. A lot of people like to wait for confirmation before chasing; by the time the market really gets smashed down, there’s often no comfortable entry left.

$BTC $ETH