I saw the eagle trading short on Ethereum ahead, really didn’t understand it, so I reminded you, doing short at this time really doesn’t make sense.

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