Regarding the recent performance of altcoins, many people's consensus is that there was no real reason for a bullish trend a few days ago. So now the question is—if the rebound has ended, has the bearish opportunity truly arrived? To be honest, many people are not very enthusiastic about shorting. The current rapid surge seems less like a bottom formation and more like the market makers searching for a more comfortable exit price. Usually, at such times, the subsequent movement is a slow decline.



But this is also a dilemma. Shorting is not impossible; the problem is that you might not see the decline coming, and instead, a sudden large bullish candle could abruptly reverse a few days of downward movement. What about going long? Don’t even think about it; it might just be a continuous downward drift, repeatedly testing your psychological bottom line. Both sides carry risks, and at this point, the question is whether it’s really necessary to participate here.
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