RE is approaching around 0.9 and has entered a short position.

It's not because I have insider information, nor because I can predict the future.

It's simply because I think the bulls at this level are too uniform.

After a continuous rally, many people start calling for 1U, 1.2U, but the more this happens, the easier it is for profit-taking to occur.

From the market data, around 0.9 is itself a psychological barrier; every time it approaches an integer level, a large number of orders are waiting to sell.

Plus, the 8 o'clock candlestick is coming up soon.

If the main force really wanted to continue pushing up, they would have broken through with volume earlier, rather than lingering at this level.

So I chose to preemptively set a short position.

Set the stop-loss a bit higher; the risk-reward ratio is still decent.

If the direction is wrong, accept the loss.

If the direction is correct, one 8 o'clock bearish candle is enough.

The market always rewards the minority, not the most emotional traders.

Let's see after 8 o'clock whether it breaks through 0.9 or falls back to 0.88.

RE, preparing to go short.