Let's talk about the feelings during this period of time.

To be honest, I personally do not like to short, whether it is Bitcoin or Ethereum. This might be related to my trading habits. However, during this period, I don't know what's going on, but I always feel uneasy, constantly thinking about shorting. It seems I need to stay calm for a while.

In fact, many times, the market has already told us, but we just didn't notice. I don't know if you have noticed that Bitcoin, as a long-term leader, does not currently hold the initiative. Whether it's institutions or whales, their holding attitude is obviously weaker. This might be related to the fact that Bitcoin tends to be weak every August. However, interestingly, under Bitcoin's absolute dominance, Ethereum has rebelled and has now become unbreakable. When Bitcoin rises, it skyrockets alongside; when Bitcoin falls, it basically remains still or falls very slowly, and then when Bitcoin rises again, it continues to surge.

I wonder if it's because Bitcoin had already reached 120,000 before, when Ethereum was only 2,700. Is there a relationship between that? It needs time to buffer; once Bitcoin drops, it can accumulate and surge forward. Have you thought about it? If you short now, when Bitcoin reaches 119-122, won't Ethereum definitely break through the 4,000-4,300 range? At that time, you wouldn't be fighting against the market; it would be like giving away money.

I still believe that those of you who like to short should hold on for a while, keep your hands hidden. If you really can't hold back, just go for virtual trading. Those with large capital can short appropriately, but if you are a small trader hoping to get rich daily, just forget it; be precise with your account. I do not have a negative attitude towards friends who short; I like shorting too, but I clearly understand that right now, shorting is essentially a slow suicide.