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Staying up late, short position angrily earning over 800%+ 📉
$BSB Grinding around 0.66, every push upward feels like walking on cotton, the stop-loss orders break at the slightest touch, while the short positions get thicker and thicker. This is clearly a sign of resistance at high levels and capital fleeing, I directly jumped into a short near 0.66066, not waiting for it to play out further.
The price has now been pressed down to 0.38177, nearly a 43% drop, with unrealized profits on the contract directly rolling to +832.02%, this wave of shorts is really fierce. 💰
The profit is too thick, I’ll first take out about 80% to lock in gains, leaving a small position to continue floating, to see if it can go further down.
⚠️ Those still holding in the position, tighten your stop-loss orders, don’t let greed swallow all the profits back; those who didn’t catch up, don’t be envious and chase, after a sharp drop, a rebound is easy, wait for the next signal to light up, then I’ll shout and act. 🔔
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