The day before yesterday during the live stream, someone asked this question—what should I do with a short position? At that time, the liquidation price was set at 680. My judgment is that the bullish momentum is still quite strong right now, the coin price is approaching a new all-time high, there isn’t much resistance above, and I haven't seen any bearish signals emerging.
My advice is straightforward: if you're shorting, set your stop-loss between 595-600, or significantly reduce your position here. Once it breaks above 600 and stabilizes, it will be easy to push up by dozens of dollars. Shorts will definitely get liquidated.
Yesterday, I reviewed the situation again, and my thinking hasn't changed. Compared to stubbornly holding short positions, adding to long positions in line with the trend and using the lower band for stop-loss is much more likely to succeed.
Now, XMR is about to hit the 726 Fibonacci extension line. In the context of a new all-time high, still shorting now? Honestly, that’s betting on the top, which is no different from gambling, and the high probability is that you'll lose out.
If you really want to short, wait until the daily K-line shows a clear double top signal, confirming that the trend has truly reversed before taking action. Otherwise, anyone shorting now is just fighting against the market.
During a pullback, as long as it doesn’t break the previous high zone, we follow the signals. Strictly execute stop-losses, no mercy. If you can't stick to the stop-loss discipline with this coin, then it’s not your type.
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CryptoPhoenix
· 5h ago
Starting to gamble on the top again, I really can't learn... The bulls are so fierce this time, and I'm still debating whether to reduce my position
Going against the market is just asking for death, remember this lesson, brother
Mindset is being restored, waiting for the next signal... believe that dawn will eventually arrive
Stop-loss discipline is the only rule to survive, no room for negotiation
Another day of being battered by the market, rebirth is still far away
Actually, the bottom zone is the real opportunity, shorting now is just suicide
The bear market builds resilience, this time I must remember, no more going all in
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ruggedSoBadLMAO
· 01-14 08:01
Short position stubborn resistance, isn't this just fighting against the market?
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AirdropAnxiety
· 01-14 07:58
Now going short is just asking for death; fighting the market hard will not end well.
Stop-loss discipline really needs to be strict, or you'll suffer big losses sooner or later.
Still betting on a new all-time high? Bro, this move is absolutely brilliant.
This bullish momentum is indeed fierce; going with the trend is the way to go.
Wait for the second top signal before acting; don't fight it hard.
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PretendingSerious
· 01-14 07:54
The guys currently short on XMR are really brave, directly challenging the market.
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PonziDetector
· 01-14 07:49
Currently shorting XMR is just betting on the top, purely giving away money. With the market so strong, it's really unreasonable to stubbornly hold short positions.
View OriginalReply0
APY_Chaser
· 01-14 07:48
Now, those shorting XMR are all gamblers; who loses and who wins in the market is clear.
#数字资产市场动态 Some thoughts on XMR
The day before yesterday during the live stream, someone asked this question—what should I do with a short position? At that time, the liquidation price was set at 680. My judgment is that the bullish momentum is still quite strong right now, the coin price is approaching a new all-time high, there isn’t much resistance above, and I haven't seen any bearish signals emerging.
My advice is straightforward: if you're shorting, set your stop-loss between 595-600, or significantly reduce your position here. Once it breaks above 600 and stabilizes, it will be easy to push up by dozens of dollars. Shorts will definitely get liquidated.
Yesterday, I reviewed the situation again, and my thinking hasn't changed. Compared to stubbornly holding short positions, adding to long positions in line with the trend and using the lower band for stop-loss is much more likely to succeed.
Now, XMR is about to hit the 726 Fibonacci extension line. In the context of a new all-time high, still shorting now? Honestly, that’s betting on the top, which is no different from gambling, and the high probability is that you'll lose out.
If you really want to short, wait until the daily K-line shows a clear double top signal, confirming that the trend has truly reversed before taking action. Otherwise, anyone shorting now is just fighting against the market.
During a pullback, as long as it doesn’t break the previous high zone, we follow the signals. Strictly execute stop-losses, no mercy. If you can't stick to the stop-loss discipline with this coin, then it’s not your type.