Stuck, save! I have been stuck by making a bearish bet.
Currently, my situation is that I've wasted more than half a month.
A couple of days ago, the profits from shorting gold made up for some losses from other shorts, but the profits from buying the rebound at 74000-76000 and then selling for profit have now been wiped out by the losses from shorting.
Actually, I should cut my losses now, which is equivalent to a month of wasted effort.
But I'm stubborn. If it goes up, I will gradually increase my position and heavily short. Personally, I bet on a mild recession in the U.S.
The U.S. is cutting government spending + increasing tariffs to collect more money.
The price increase caused by tariffs leads to consumers tightening their belts due to reduced spending.
Decreased consumer demand also suppresses the extent of price increases.
Tariffs will lead to decreased corporate profits, increased layoffs, and further declines in consumption.
I personally believe that before and after the second round of interest rate cuts in the U.S., there will be a mild recession, at least a volatile monkey market. If it goes up, I will short using the profits I made before.
You need to decide based on your own situation. If your profits are as substantial as mine, then you can follow me.
If you didn't avoid the previous drop of the copycat, didn't avoid the crash of Ethereum, and didn't avoid the drop from 108,000 to 74,000, and have little profit, then it's better not to bet with me.