Should I Close My BTC Short Trade at a Loss or Hold? Need Expert Advice
Entered a BTC short at $91,100 with 125x leverage. Current mark price is $95,245, and I’m down -541% ROI. Liquidation is at $146,011, and margin is holding at 4.51%. Given the current market momentum and potential resistance around $95k–$96k, I’m uncertain whether to close the position or hold for a possible pullback.
Looking for insights from experienced traders. What would you do in this situation?
#Bitcoin #BTCshort #CryptoTrading #LeverageTrading #FuturesTrading #RiskManagement #TradingAdvice #CryptoCommunity #BTCAnalysis #TradeSmart #CryptoLosses #HODLorClose
Entered a BTC short at $91,100 with 125x leverage. Current mark price is $95,245, and I’m down -541% ROI. Liquidation is at $146,011, and margin is holding at 4.51%. Given the current market momentum and potential resistance around $95k–$96k, I’m uncertain whether to close the position or hold for a possible pullback.
Looking for insights from experienced traders. What would you do in this situation?
#Bitcoin #BTCshort #CryptoTrading #LeverageTrading #FuturesTrading #RiskManagement #TradingAdvice #CryptoCommunity #BTCAnalysis #TradeSmart #CryptoLosses #HODLorClose
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
94,660.01
+0.30%