Bitcoin just surged to around $800, finally seeing a pullback. This rebound has already been quite strong, so as the price pulls back from the highs, it's a good opportunity to reduce positions in batches and lock in profits.
The next trading focus is on tomorrow. If Bitcoin and Ethereum continue to push higher in the early trading session, that would be a good entry point for short positions. Such surges are often short-term tops, and the logic of reverse trading still holds.
The plan is to wait for the price to stabilize before entering short positions, and to manage risk carefully. The current market rhythm still offers opportunities, but the key is not to be greedy and to take profits when the time is right.
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DAOTruant
· 12h ago
Want to go short with just $800? Your guts are really bold.
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CoinBasedThinking
· 01-15 02:42
$800 just started calling the top, you’ve got quite a big nerve.
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Again, chasing high and shorting; this strategy has been used for years, and it’s still profitable, which is incredible.
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Reducing positions is correct, but don’t FOMO and chase the high later, buddy.
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Saying “take profits when you see the good” is easy; the real challenge is keeping a stable mindset.
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I’ll watch the early morning market; let’s talk about it then.
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This reverse operation has been right every time, why am I still losing money?
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Have you set a stable point? I feel this correction won’t be too deep.
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Reducing positions in batches is spot on; those who went all-in are crying.
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The short positions are ready; just waiting for the rebound to send people to their doom.
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There’s still a chance in the market rhythm; the question is whether we can seize it.
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AirdropHunter420
· 01-15 00:52
$800? This time you really should sell, don't be greedy.
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RegenRestorer
· 01-15 00:39
The 800-dollar wave is indeed quite fierce, but the pullback came pretty quickly.
Let's see how the market opens tomorrow morning; if it spikes, I'll short. I believe in this strategy.
But I still need to control my greed; greed is the most deadly thing in the crypto world.
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ETHmaxi_NoFilter
· 01-15 00:25
Wait, $800? I didn't see that, is it another false breakout?
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Reducing positions is correct, but are you really willing to short at tomorrow's opening? Feels like you'll get hammered.
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Thinking about reversing positions again, please don't lose money this time.
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It's easy to say take profits when things look good, but when the moment comes, everyone becomes greedy.
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Price stabilizing? This is still called stabilization?
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I've heard too many times about controlling risk, but in the end, it's just liquidation.
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I think this wave hasn't fully rebounded, still need to push further.
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Short positions are okay, but don't set stop-loss too tight, it's easy to get stopped out.
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It's hard not to be greedy, especially when the market gives opportunities.
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If tomorrow's early trading really pushes up, it will probably be the main force's harvesting rhythm.
Bitcoin just surged to around $800, finally seeing a pullback. This rebound has already been quite strong, so as the price pulls back from the highs, it's a good opportunity to reduce positions in batches and lock in profits.
The next trading focus is on tomorrow. If Bitcoin and Ethereum continue to push higher in the early trading session, that would be a good entry point for short positions. Such surges are often short-term tops, and the logic of reverse trading still holds.
The plan is to wait for the price to stabilize before entering short positions, and to manage risk carefully. The current market rhythm still offers opportunities, but the key is not to be greedy and to take profits when the time is right.