This rebound, the more it bounces, the more it makes my heart race—it feels like another trap.

Just now, while I was eating, I got careless and saw it bounce around $BTC 63,260. In a moment of impulsiveness, I grabbed a 5x short. Entry price was 60,189; the current price is 63,458. I’m already down about $39, with a return rate of -27%.

This trade really has me feeling a bit carried away.

At the time, my thoughts were simple: the weekly line at 67,283 was rejected so decisively, the monthly line’s high is also trending lower, and the daily triple bearish candles broke through the 64,758 “iron ceiling.” So I figured this rebound would at most just be a small dead-cat bounce.

But it’s stubbornly holding up at 62k, step by step grinding higher—like chewing gum. Now that I’m looking at this little bullish candle, it feels like I’m the fool.

On the chart, the line at 63,400 is really key. If it can’t push through tonight, my short position can still be held for a bit. But if it actually breaks and stays above, then that 64,758 level is going to get hit again.

I’m a left-side trader, and every time I think, “It’s about enough already.” Yet the market always finds a way to slap you in the face again.

The only thing I can comfort myself with right now is that the position size isn’t large, and liquidation is still far off. But honestly, this kind of tug-of-war between tops and bottoms is the most wearing.

Is there any brother out there also shorting from this position? Let’s warm each other up.

By the way, this round of market action feels pretty similar to the World Cup hype—everyone’s gambling. This kind of sentiment is very much like the current battle in crypto—small money chasing big odds.

When this “entertainment capital” comes in, it will divert some contract liquidity in the short term, but in the long run, it can attract more newcomers to understand crypto—so it’s actually good news for $BTC and $BTC to form a bottom.
$ETH #我的Gate交易时刻 #STRC跌破面值11%创上市新低