This recent market wave has been quite a roller coaster for me. Yesterday, after clearly switching to a short position, I not only called for a short but also got caught in a short squeeze. I could have cut my losses yesterday and exited completely, but I only managed to get out halfway, and now I’ve been beaten to a pulp.



Honestly, calling for a short during an uptrend doesn’t feel good. It’s like being roasted over a fire or fried in oil. I could choose to stay silent or make my short positions seem less certain—after all, if I don’t reach the target, no one will know, and if I do, I can boast. But this market movement, to be honest, is just a rebound, not a reversal. Since there’s a good shorting opportunity here, the position is right here.

BTC has indeed entered a resistance zone. My advice is this: above 96,000, add two layers of positions every 1,000 points increase. Calculating this way, you can at least add up to around 100,000. Right now, I only have six layers of positions. As for the take-profit level, to be honest, I’m not sure where exactly it will be. The core principle is don’t chase longs—upward momentum faces resistance, and a downward move is a deep abyss.

Last night, I called a short at ETH 3400 and SOL 148. Once you make money, take your profits and don’t be greedy. I wouldn’t dare to boast about the overall pattern of these two. It’s better to take profits when things look good, or else you’ll end up losing money and getting scolded.

Honestly, when I call the right moves, no one says a word. But once I call it wrong or get caught, someone immediately starts jumping around. Still, I appreciate these voices—they’re like my discipline and a warning stick, constantly reminding me to trade cautiously. After all, being a KOL means I can’t just do whatever I want; I have to live up to everyone’s trust.
BTC-0,87%
ETH-0,43%
SOL-1,9%
View Original
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
  • 4
  • Repost
  • Share
Comment
0/400
SerumSurfervip
· 01-15 01:57
This wave of the market is truly incredible, feeling trapped to the point of doubting life. Being called out and slapped in the face is really uncomfortable, but I appreciate this kind of attitude that still dares to speak the truth. The idea of gradually increasing positions from 96k to 100k is good, just worried about losing composure. ETH and SOL's recent gains were indeed sweet, but greed is really the biggest enemy in trading. When being criticized, it's actually when you're most clear-headed; it's much more valuable than being comfortably praised.
View OriginalReply0
¯\_(ツ)_/¯vip
· 01-15 01:55
Another day stuck in doubt about life, this feeling is truly intense. This guy is right, I'd rather be scolded than tell lies, much better than those who boast blindly. When the short positions hit, just run. The greedy end up getting beaten together with it.
View OriginalReply0
TokenTherapistvip
· 01-15 01:53
Oh wow, this wave of the market is truly incredible, making people doubt their lives after being trapped. Honestly, increasing the position to 100,000 is painful just to watch; starting with a 6-layer position is indeed a bit conservative. Don't be greedy—those two words sound simple, but actually executing them is more difficult than anything else.
View OriginalReply0
StakeOrRegretvip
· 01-15 01:45
Damn, this market really can drive people crazy. When you call a drop, you're hammered; when you call a rise, you feel stupid. It's that old saying again: no one pays attention when you're making money, but the moment you lose, everyone becomes a troll. Come on. I think the idea of adding to the position at 96,000 is workable, but you need to keep your mindset in check. Don't get greedy at 100,000. It's easy to say "take profits when the market looks good," but the hardest part is actually doing it. It all depends on who can control their greed.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)