After suffering losses, there are two issues to face: one is not believing that it won't drop, continuing to short, but also being afraid that it might directly rise to 120. What to do then? Lose money!
Is it a lot? Considering it has risen so much, does it still need to rise? It should be time for a correction!
Now it has become contradictory: should I go long or short?
In fact, trading contracts and spot is the same; one must wait for opportunities. If wrong, just admit defeat; there's no need to be stubborn, at most come back for revenge.
If Bitcoin can surge to around 109200, I will short it. Technical indicators have given a sell signal; of course, if I'm wrong, I admit defeat!
Market analysis indicates that Bitcoin's trend is upward; on a larger scale, the trend is also upward, and we are holding spot positions that are profitable.
Don't follow my trades; you will lose money. There are some things I also cannot predict, just like with Mask; I shorted it, and suddenly it crashed. I couldn't predict it would halve. If I could, I would have gone all in! It's the same principle!