Taking advantage of the $AIA market, I also want to share a recent trading review.

The background is as follows: after $AIA was relisted on a major exchange's futures platform, it surged from 0.2 all the way to over 0.4, igniting market sentiment. This coin first appeared on the exchange in September of this year (Alpha spot and perpetuals listed simultaneously), and experienced a strong rally at that time. Subsequently, it went through delisting, suspension, delays, and other series of changes. Now, it can be considered as having been "reborn," which directly unlocked suppressed buying interest, leading to a revenge rally. But honestly, this is an emotional breakout, not a fundamental change.

I started paying attention at around 0.28. My short-selling logic is as follows: First, 0.28 has already nearly tripled from the previous low, and after such a sharp rise, a correction is inevitable—only a suitable short signal is needed. Second, $AIA is more of an AI concept plus application innovation rather than a leader in computing power or model-level projects, so capital and sentiment are driven far more by hype than by technical fundamentals.

Near 0.4, several key signals appeared. The second attempt to break 0.45 failed, and the 10-minute funding rate jumped from 0.17% to 0.3% in one go, while open interest actually started to decline. This indicates that the bulls are indeed chasing the rally wildly, but the price is stalling—classic high-odds short setup.

My plan was simple: open a short at 0.395, close one-third of the position when the price first hits 0.3 to lock in some profit, and if the price retests 0.3 without breaking below, close all positions. Although the price later fell even lower, I had already exited completely. Sleep quality 👌.

The core insight from this move is: in a chasing rally, finding good technical reversal signals is much more reliable than blindly chasing the high. Short-term is short-term—once you catch that wave, it’s time to exit.