This round of liquidation hit hard. After that fake breakout at the high on $OPG , I felt something was off with the market.

I had already been watching this level earlier: an attempt to push above around 0.2047 had no volume. Instead, the moment it reached a key zone, clear sell pressure appeared. A lot of people saw the rally and wanted to chase in, but the real shift happened when it started pulling back—the price wasn’t quickly pulled back up again, which suggests the supply of overhead holders is starting to loosen.

Now the current price is 0.1238. The short position is showing unrealized profit of +775.28%, and room for volatility has opened up. The most comfortable thing in trading isn’t guessing the top—it’s following through after a failed breakout. Especially in this kind of unexpected downside move, it often drags both hesitant orders and chase-long orders down together.

I’m not planning to fight this trade for long. I’ll take profit on 80% in batches first, and keep the remaining 80% with a protective stop to see if it can extend further. Profit isn’t the finish line—protecting gains is the key. In the downswing, any rebound will come fast; don’t hand the initiative back to the market. If you didn’t catch it, don’t short—wait patiently for the next time a clear, definite signal appears.

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