The early selloff broke through; the patience from a few days ago paid off. $FHE had been hovering overhead for a while, so on the surface it looked like a strong consolidation, but the details were ugly: the upside push didn’t have sustained volume, while the pullback was very decisive—indicating that the level above wasn’t light, and that the funds had no intention of hard-taking it.

At the time, I was watching how FHE reacted around 0.02992. Several times it tried to get back up, but it failed—meanwhile it dangled the emotions of people chasing longs. This already felt off. The less it drops, the more it looks like it’s waiting for a concentrated release; once the real breakdown happens, shorts are likely to accelerate.

Now the price is at 0.01908. This short position’s profit shows +888.42%, and the market’s room for movement has been released even more smoothly than expected. My handling is simple: take profit in batches first, keep a small portion to observe whether it continues to push lower. My stop/protection level must follow—don’t let realized profits turn into an emotional trade.

This kind of market is most afraid of being late and chasing. If you didn’t catch it, don’t rush—don’t chase the order, just wait for a more comfortable entry.

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