The high-level pressure I was watching earlier has finally given the answer today. This $TRX move isn’t a normal pullback—it’s an active selloff after repeated failed attempts by the bulls.



At the time, I was watching the 0.37331 area. The price kept failing to push higher; the order book got thinner and thinner, the rallies lacked persistence, but the pullbacks kept getting faster and faster. A lot of people were still wondering whether it was a wash before going up, but the key is right here: the structure has clearly changed. A strong trend wouldn’t repeatedly leak power like that.

Now it has already been driven down to 0.33023. This short position’s profit is +819.01%, and the move has extended clearly. There wasn’t a rebound in the middle either, but the rebound highs kept getting lower and lower—this is the timing that the bears love most. The more you hesitate, the easier it is to be pulled lower.

On my side, I’ll handle it in batches using an 80/20 split. I’ll take most of the profit first, and the remaining position will be kept with protection in place, giving it a bit of room to continue releasing. When the market is down and you’re in profit, you have to stay even calmer—don’t lose your rhythm just because of one bearish candle. Don’t chase what you missed; wait for the next opportunity to be cleaner.

$BTC $ETH
TRX-0.47%
BTC1.49%
ETH2.88%
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