#DeepSeekImpact
Shorting on Binance is a technique where traders profit from falling cryptocurrency prices. To short, users borrow a cryptocurrency, sell it at the current market price, and later buy it back at a lower price to return the borrowed amount, keeping the difference as profit. This can be done via Binance Futures, where traders open a "sell" (short) position using leverage for higher returns, but also higher risk. Key strategies include monitoring market trends, using stop-loss orders to limit losses, and combining technical analysis tools like moving averages and RSI for accurate predictions. Risk management is essential for consistent profits.
