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Short squeeze bloodbath! $HYPE Violently surged to $68, what to do if your short position below $63 is trapped? Lao Zhang teaches you a "cover + counterattack" trick to defeat the enemy!
If you're the one who opened a short below $63 and is now stuck tight, don't panic, and don't rush to cut losses—Lao Zhang tells you: there's still hope, but you need to act fast!
First, look at some key data, and you'll understand why this wave isn't accidental: the long-short position ratio is as high as 198.42%, longs crushing shorts, TOP1 long position floating profit of $39.6 million; spot ETF net inflow of $153 million in one month, institutions are accumulating; the current price is above $67, and the 1-hour K-line shows no obvious top divergence, $68 is not the end!
The biggest risk you're facing now isn't "holding the position," but that longs might continue to push and blow you out—if the price rises another 2%, your margin could be wiped out immediately.
Lao Zhang gives you three ways to cover your position, depending on different situations:
1. Position hedging
2. Time to buy space + add positions at key levels
3. Reverse long + locking positions in coordination
The execution points, ratios, and stop-loss lines for these three strategies have already been organized for you.
Don't let yourself become the denominator in the next liquidation data! Being trapped isn't shameful; not finding a way out is where the real loss happens. The market waits for no one. #我的Gate交易时刻 #预测世界杯阿根廷vs阿尔及利亚 #Gate上线港股交易 $BTC $ETH