Should I Close My BTC Short Trade at a Loss or Hold? Need Expert Advice
Entered a BTC short at $91,100 with 125x leverage. Current mark price is $95,245, and I’m down -541% ROI. Liquidation is at $146,011, and margin is holding at 4.51%. Given the current market momentum and potential resistance around $95k–$96k, I’m uncertain whether to close the position or hold for a possible pullback.
Looking for insights from experienced traders. What would you do in this situation?
#Bitcoin #BTCshort #CryptoTrading #LeverageTrading #FuturesTrading #RiskManagement #TradingAdvice #CryptoCommunity #BTCAnalysis #TradeSmart #CryptoLosses #HODLorClose
Entered a BTC short at $91,100 with 125x leverage. Current mark price is $95,245, and I’m down -541% ROI. Liquidation is at $146,011, and margin is holding at 4.51%. Given the current market momentum and potential resistance around $95k–$96k, I’m uncertain whether to close the position or hold for a possible pullback.
Looking for insights from experienced traders. What would you do in this situation?
#Bitcoin #BTCshort #CryptoTrading #LeverageTrading #FuturesTrading #RiskManagement #TradingAdvice #CryptoCommunity #BTCAnalysis #TradeSmart #CryptoLosses #HODLorClose
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BTC
94,157.74
-1.26%