This Black Friday, my heavy short positions finally recovered.
Daily chart? Too miserable to look at. After sideways consolidation at the 1-hour level, there's a high probability of continued slow decline.
To be honest, the pressure of holding positions is a bit much—I really just want to cut my losses and get out.
A word of advice to everyone: Don't stubbornly hold long positions in a bear market, that's just asking for trouble.
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BlockchainDecoder
· 12-06 05:58
From a technical perspective, your short-selling logic does align with the basic characteristics of a bear market cycle. However, it’s worth noting that consolidation on the 1-hour timeframe often signals a larger-scale directional move ahead. I recommend referring to the discussion on multi-timeframe confluence in "Market Behavior Analysis," as there may be hidden reversal signals here.
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LightningLady
· 12-06 05:53
The short position is recovering well, but you really need to adjust your mindset. That's just how a bear market is—it's a constant grind.
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IronHeadMiner
· 12-06 05:51
Short positions have recovered, but now I'm starting to get anxious again. This market trend is really hard to handle.
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ChainSherlockGirl
· 12-06 05:48
Oh, you’ll never understand the joy of recovering losses with a short position—that’s my reason for living.
The daily chart is hard to explain, but according to my analysis, there are definitely whales dumping behind this drop. Data shows these on-chain wallet addresses have been very active lately.
Holding a long position through a bear market? That’s just asking for trouble. I’ve seen too many people get stuck. I advise you not to follow their example.
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PretendingToReadDocs
· 12-06 05:41
Holding longs in a bear market is basically asking for trouble. I took a huge loss because of this a couple of months ago.
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UncommonNPC
· 12-06 05:40
Happy to recover losses from short positions, but still need to be cautious of a rebound.
This Black Friday, my heavy short positions finally recovered.
Daily chart? Too miserable to look at. After sideways consolidation at the 1-hour level, there's a high probability of continued slow decline.
To be honest, the pressure of holding positions is a bit much—I really just want to cut my losses and get out.
A word of advice to everyone: Don't stubbornly hold long positions in a bear market, that's just asking for trouble.