With this cut, many people’s high-entry fantasies have basically been woken up. $OPN A few days ago they were still pretending to be strong, and the price kept pushing up and down, but what I’m watching is the details: the breakout doesn’t have volume, while the pullback is fast—this indicates that it’s not that nobody is selling up there, it’s that the buy side can’t take it.

The key is right here: every time the order book does a fake breakout, it’s consuming the people chasing longs. Once the liquidity gets swept out by enough, the direction is prone to suddenly accelerate. I handled my short near 0.1710—the core isn’t chasing the drop, but waiting for confirmation after it can’t push higher. Now OPN is already down to 0.0632, and +3033.1% is in hand—this round of volatility space has opened up decisively.

In this kind of market, what you fear most is getting emotional. Even winning positions can’t be held carelessly. I’ll push the protection level lower: take off the main position first, and leave a little to watch for momentum. Don’t just rush in because it’s bearish. A good short entry is when there’s pressure at higher levels—not after everyone has already reacted. Don’t chase; wait for a more comfortable spot.

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