Holding a huge losing short position with a big pancake in hand... trembling with fear, worried about being stopped out if I don't cut losses, losing even more; cutting it really hurts a lot, the remaining money needs to multiply many times to recover the losses from the current short position. 😭😭😭😭

Bitcoin is aiming for 100,000 🫡 The first thing I did when I got up this morning was remind everyone not to short recklessly. It seems that the value of this statement is still increasing 💰
I have already talked about the live stream of BTC's price trend. The current price is approaching the 100,000 mark, and this trend is definitely hunting for short positions, which does not need further explanation; anyone with eyes can see that.
Now, there are many short orders above 100,000 with stop losses or liquidation prices clustered around 100,000, so this is a key psychological price level. After being a trader for so many years,
⚠️ I guess everyone knows that these retail investors have absolutely placed their stop losses or liquidations at the first position of 100,000, the second position of 101,000, and the third position of 102,000. Each of these positions is gathering a large number of short stop losses and liquidation chips.
If the price approaches 100,000, like now at 99,800, then the bulls have a very strong incentive to push above 100,000, 101,000, and 102,000. Each position can harvest a significant amount of short chips.
So now just focus on these three positions. Don't act recklessly; you definitely can't enter long positions now. Just one word: wait.
$BTC


$ETH