I saw someone ask if I'm panicking. To be honest, what was I doing during that recent move? I was continuing to add to my short positions.
This round of market rebound is actually just driven by short sellers taking profits. When many people see the price going up, are they starting to call for a bull market again? Getting ready to chase longs?
Take a calm look at the chart: this kind of rebound is just giving you an opportunity to exit. Don't get confused by short-term volatility; the BTC trend is clear right now. If you really want to go long, at least wait until the structure completely reverses.
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.
7 Likes
Reward
7
4
Repost
Share
Comment
0/400
GateUser-a180694b
· 16h ago
Uh bro, I'm also short this time. The rebound is just the last struggle before the dump.
View OriginalReply0
WhaleShadow
· 16h ago
The shorts are pretending to stay calm, haha.
Same old story, let’s talk again when I go long.
View OriginalReply0
TrustMeBro
· 16h ago
This round of short-selling is really satisfying; the rebound is just a selling opportunity.
View OriginalReply0
RadioShackKnight
· 16h ago
Airdrop profit-taking and price-pumping, a bunch of people are starting to dream again, really...
---
Chasing longs? Wait a bit, don’t mess around until the structure reverses.
---
Haha, this rebound is just an exit opportunity, look carefully before taking action.
---
Still holding shorts, this kind of short-term rebound won’t fool me.
---
Don’t get dizzy from the pump, look calmly, the trend is clear.
---
Honestly, as soon as I saw people calling for a bull market again, I just kept adding to my short positions.
---
Exit opportunity? Yes, just like that, don’t be greedy.
I saw someone ask if I'm panicking. To be honest, what was I doing during that recent move? I was continuing to add to my short positions.
This round of market rebound is actually just driven by short sellers taking profits. When many people see the price going up, are they starting to call for a bull market again? Getting ready to chase longs?
Take a calm look at the chart: this kind of rebound is just giving you an opportunity to exit. Don't get confused by short-term volatility; the BTC trend is clear right now. If you really want to go long, at least wait until the structure completely reverses.