Recently shorting has left me dazed, those with a bit of strategy are all spitting out old blood.
Some entered the market at 86,000, some at 88,000, and others at 95,000, all trapped for over ten days, mentally confused, unable to eat or sleep, and losing weight.
A bunch of people say, Cool has also gone short, surely some will follow, but most people have been badly hurt.
Currently, the large cycle has reversed; even if there is a pullback, it won't be too deep. In fact, this time I really haven't been trapped much; just a couple of days ago, I went short at 94,300, didn't exit, got greedy, and now I'm stuck.
However, looking at the BTC pattern, the upward surge is happening, but the volume is decreasing, and the K-line body is getting smaller, indicating that the bullish power is also waning. Continuing to move up, there is indeed a lot of pressure.
Keep calling for shorts; I fear many people can't take it because most people view life and death lightly and never use stop losses. But at this time, telling everyone to chase longs, I think that’s just being foolish.
Still the same saying, explosive rise, explosive sell; explosive drop, explosive buy. If it doesn't drop at this moment, surely there won't be any spot buying.
Be patient; those buying the dip in spot really need to wait. BTC has tortured the shorts for so long, it surely wants to feast on the longs.
At this moment, shorts dare not act, and longs cannot act, so you can only choose to lie flat. However, I am trapped in a short; I want to hold on for a few days, earn a little money, and then run. Hmm, after thinking about it, it can only be this way.