This short position finally paid off. When $ENA dropped from the high, many were still hesitating whether to go long, but the market structure felt off to me.

I opened the short at around 0.10734, and now the price is at 0.07427, with floating profit at +1483.68%. What really caught my attention was that each rebound was weaker than the last. The buying looked active on the surface, but actual absorption was insufficient, with clear resistance at the highs.

I had already noted this level earlier. When the signal appeared, I didn't rush in; I waited for the failed retrace before acting. Now that the profit has materialized, those with larger positions can consider a 80/20 phased take-profit—secure some gains first, then trail a stop on the remainder to ride further moves without letting profits get shaken out again.

This move wasn't about guessing the direction; it was about getting the timing right. After the short pays off, stay calm. Don't get carried away by one profitable trade. If you missed it, don't worry. Don't chase. Wait for the next opportunity and enter at a more comfortable level.

$BTC $ETH