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Seriously, this round of shorting $MYX is not something you'd dare to jump into at first glance. When it oscillates at highs, the chart is particularly deceptive—one moment it looks like a breakout, the next it suddenly pulls back. Many people rush to take sides when they see a pump, but I prefer to see if it can stabilize; if it can't, that's the opportunity.
I opened a long near 0.1005 only after seeing a failure signal, without guessing ahead. There was a retrace in the middle that almost made me doubt my judgment, but the details remained: poor continuation above, and once support broke, people started running. The price then went to 0.0767, with unrealized profit +462.36%, proving that the earlier patience was not in vain.
Now I don't want to complicate the rhythm. MYX has already generated profit, so I'll lock in risk first and not let a single retrace disrupt my mindset. If it continues to weaken, I'll slowly watch the remaining position; if it regains strength, I'll accept that as well. Shorting is not betting on a crash; it's waiting for the moment when the top can no longer hold.
$BTC $ETH