At this time, there are still people constantly trying to short Bitcoin and Ethereum, which is really hard to understand. Let me tell you two times when shorting is not advisable:

1. In the stage just after breaking through a resistance level upwards, you cannot short at this time; it will only continue to rise.

2. When it just retraces down to a support level, shorting near the support is likely to result in a rebound!

When is a good time to short?

1. At the top, when there is low trading volume and the price is consolidating without upward movement, if buying pressure decreases, you can short from a base position.

2. After a significant drop followed by a rise that doesn't break the previous high, you can short, placing a stop-loss at the previous high.

3. You can short after breaking a support level, but if it re-establishes above the support, you must stop-loss.

In the cryptocurrency world, those with trading principles earn money from those without trading principles! #交易认知