I’m taking profit on the short position first. $XRP failed to hold above the previous high after pushing into it, so I’m taking profits in batches and not gambling on the final leg. I’ve cut 80% of the +664.22% unrealized gain, moved the protection level for the remaining 20% below breakeven, and won’t chase if I miss it. Structurally, the price is repeatedly testing the upper boundary of the range, with each push higher leaving an upper wick—selling pressure is real. Volume hasn’t expanded in sync, making the breakout look more like a bull trap. As long as the previous high isn’t reclaimed with strong volume, the bearish rhythm remains intact. There is support on a retest of the previous low, but that is not a reason to chase shorts. I’m shorting not to guess the top, but to wait for resistance at higher levels. After the first false breakout, there was no acceleration; instead, the price fell back into the range, which is evidence that the bears have the upper hand. The protection level is above the previous high. If the price reclaims it and holds on the retest, the short thesis is invalidated, and I’ll exit immediately. I’m managing the remaining position on an 80/20 basis: taking profit on 80% in batches and seeing whether the remaining 20% can break below the previous low. If it truly breaks down, I’ll let the profits run; if it fails to break, I’ll continue managing it with the protection level. Not chasing after missing it is the most comfortable way to handle this move. $LAB $SOL

After $LIT surged to 4.875, I instead took profits on 70% first. It’s not that I’m bearish, but this level is right around the key prior high, making it less cost-effective to keep chasing. The move up from 4.361 formed a breakout–retest–breakout structure, with each retest holding at a higher level and volume expanding on the breakouts. The key levels are clear now: the prior high is the first key level. After the breakout, only a low-volume retest that holds the upper boundary would establish a new entry setup; if it simply pushes higher and then falls back, it could be a false breakout. I’ve already moved my protection level above breakeven, letting the remaining 30% run, while +568.01% is merely the result. The invalidation condition is at the key retest level: once the price falls back into the small platform from before the breakout and the rebound fails to reclaim 4.875, this move will be treated as a failed breakout. Don’t chase after missing the highs; wait for the next confirmed structure before entering. $XRP $SNDK

$XRP ‌ Spot ETFs recently saw nearly $30 million in net inflows! Institutions keep building positions and buying— a 20% bullish candle could come at any time. Buy the dip and position early!