here’s a breakdown of your $BTC /USDT perpetual short position and how it’s performing:
---
Position Details
Type: Short (you benefit if BTC price falls)
Leverage: 7x (Isolated)
Size: 0.046 BTC
Entry Price: 101,793.47 USDT
Mark Price (Current): 111,114.89 USDT
Liquidation Price: 116,062.92 USDT
Margin Used: 677.75 USDT
PNL (Unrealized Loss): -428.60 USDT
ROI: -58.68%
Margin Ratio: 8.21%
---
Current Status
You're short from 101,793.47 USDT, but BTC has moved upward to 111,114.89 USDT, which is why you're facing a significant unrealized loss.
---
Key Observations
You are approaching your liquidation price (116,062.92 USDT), but you still have some room.
Your margin ratio (8.21%) is low but not in the critical zone yet (usually under 5% is danger).
If BTC continues to rise, you risk forced liquidation and losing your margin.
---
What You Can Do
1. Add Margin (if you believe in your short):
Adding more funds can lower liquidation risk.
This only makes sense if you think BTC will reverse soon.
2. Close Part of the Position:
Realize some losses now but reduce exposure.
3. Use a Stop-Loss or Alert:
Set a cutoff price (e.g., near 114K) if BTC shows no signs of reversal.
4. Consider the Trend:
If BTC is showing strength with high volume and momentum indicators (MACD, RSI) confirming, a reversal is less likely soon.
please guys stay in calm and be patient
and please if you like my thought support and follow ❣️🙏
