Straight to the point on positions: this short on $BTC , I’m holding it very firmly. It’s not that there hasn’t been a bounce before, but every time it bounced, it never showed enough strength. A lot of people are still waiting for it to be pulled back again. What I’m seeing is that the pressure is becoming more and more obvious, and the order book has already changed its character.



I entered this trade around 64245.0. The current price is 63575.4, with an unrealized profit return of +182.65%. There was some fluctuation in the middle, but as long as key levels haven’t been reclaimed, I didn’t rush to exit, because this drop isn’t random dumping—it’s a consecutive release after the high-level supply starts to loosen.

Now the result is in: the market’s downside room has been released fairly decisively. For those with heavy positioning, don’t keep fighting a long battle—first lock in most of the profits, and leave a bit aligned with the protective level, then see whether there’s further extension. For those with light positioning, don’t add recklessly just because you’re already in profit; the easiest thing to go wrong is losing control after you’ve made money.

Miss it, then miss it. Don’t chase the trade, don’t chase lower—wait for a more comfortable entry point before placing the next one.

$ETH $SOL
BTC-1.64%
ETH-0.66%
SOL-1.09%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned