Let's respond to the comment section collectively.


First, there's hype; on the news side, it's a positive signal, but technically it's overbought, so in hedging situations, it's not recommended to enter the market. In other words: if I give a long position based on hype, I can't determine the pullback stop-loss level.

Then, chasing shorts on Bitcoin and Ethereum is definitely not advisable. Trading discipline is like this, I know. Maybe because earlier, I provided very good short entry points, but thinking there's a rebound, I closed early, and many people regret it. But rather than fussing over whether to chase shorts, it's better to save money and wait for me to judge the bottoming point.

In other words: bear market trades are hard to execute. Instead of risking chasing shorts again, it's better to eliminate risk, earn steadily, and accumulate capital. Wait until the next bull market to bottom out again. When a new bull run comes, multiplying assets five to ten times is not a dream.
If a short position doubles after a 1x, it will be liquidated, but a position over 1x will never be liquidated. If we assume the next bull market breaks the previous high, the current risk-reward ratio is no longer worth risking.
HYPE-9.54%
BTC-4.5%
ETH-3.98%
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FishFishFish555
· 14h ago
Waiting for an opportunity
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DetailsPrevailOverTheLatter.
· 14h ago
Got it, next time I'll deposit more money to play around. Are the oil orders still active? It rose to 99 and then crashed back down.
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