šØ Why Iām Not Opening $BTC & $ETH Shorts Right Now
One thing Iāve learned in crypto is that being right isnāt about winning every tradeāitās about staying consistent over time.
Iāve made mistakes, just like every trader. But I also learn from them. If youāve followed my market updates for a while, youāll know that most of my major calls have played out, especially when I warned about the downside while many were still bullish.
When Bitcoin was trading much higher, I repeatedly warned that a deeper correction was likely. A lot of people dismissed that view, but the market eventually proved otherwise.
Iām not here to predict every candle. My goal is to read market structure, manage risk, and share my honest outlook on where I believe price is heading.
Hereās why Iām staying away from new shorts right now:
The overall trend is still bearish, and the geopolitical situation remains uncertain. Most traders are expecting more downside, which means a huge number of short positions are already open.
Thatās exactly what makes me cautious.
When everyone is leaning the same way, the market often does the opposite. One positive headline could trigger a sharp short squeeze, liquidating late sellers before the next real move begins.
Iām watching Bitcoin and Ethereum closely, and despite all the negative news, both are holding key support levels better than many expected.
To be clear, Iām not telling anyone to go long, and Iām still bearish on the bigger picture.
But if a relief rally happens, Iād rather wait for higher prices than chase shorts at current levels.
My areas of interest are:
š BTC: $68,000ā$69,000 if a short-term squeeze develops.
š ETH: $2,050ā$2,100 on a relief rally.
The real question is what price does once those resistance zones are reached. That's where I'll be looking for the next high-probability setup.
Trade patiently. The best opportunities come to those who wait.
Trade with proper risk management.
One thing Iāve learned in crypto is that being right isnāt about winning every tradeāitās about staying consistent over time.
Iāve made mistakes, just like every trader. But I also learn from them. If youāve followed my market updates for a while, youāll know that most of my major calls have played out, especially when I warned about the downside while many were still bullish.
When Bitcoin was trading much higher, I repeatedly warned that a deeper correction was likely. A lot of people dismissed that view, but the market eventually proved otherwise.
Iām not here to predict every candle. My goal is to read market structure, manage risk, and share my honest outlook on where I believe price is heading.
Hereās why Iām staying away from new shorts right now:
The overall trend is still bearish, and the geopolitical situation remains uncertain. Most traders are expecting more downside, which means a huge number of short positions are already open.
Thatās exactly what makes me cautious.
When everyone is leaning the same way, the market often does the opposite. One positive headline could trigger a sharp short squeeze, liquidating late sellers before the next real move begins.
Iām watching Bitcoin and Ethereum closely, and despite all the negative news, both are holding key support levels better than many expected.
To be clear, Iām not telling anyone to go long, and Iām still bearish on the bigger picture.
But if a relief rally happens, Iād rather wait for higher prices than chase shorts at current levels.
My areas of interest are:
š BTC: $68,000ā$69,000 if a short-term squeeze develops.
š ETH: $2,050ā$2,100 on a relief rally.
The real question is what price does once those resistance zones are reached. That's where I'll be looking for the next high-probability setup.
Trade patiently. The best opportunities come to those who wait.
Trade with proper risk management.
