That sell-off just now—the most obvious part wasn’t the size of the drop, but the rebound simply couldn’t hold. $TRX spent so long grinding at the highs; many people thought it was building up power, but what I saw was the absorption getting weaker and weaker.

What truly made me take action was that pullback around 0.37331. The price gave an upward push, but it didn’t manage to continue—then the sell-side pressure started tightening up. This already didn’t look right, especially with short-term longs still stubbornly waiting for a reversal to reclaim; the board had already started weakening first.

Now the price is at 0.33122, and the short position is up +802.1%. This leg of the move clearly extends. After the profit is in, timing matters even more. On my side, I’ll handle the main portion first, and keep the remaining position with a protective stop—watching to see whether there’s still room for further release of downside below.

Trading doesn’t have to mean taking the very last bit every time. As long as you can grab what you should, that’s enough. Chasing a short from this level isn’t as comfortable on risk-reward anymore. If you miss it, then you miss it—don’t chase the low. Wait for the next time the structure gives another opportunity.

$BTC $ETH