2025-12-09 07:16:40

After breaking below 3000, I changed my stop loss to break-even to avoid a reversal in the market. This time going short is a bit different from opening shorts at the end of October. Previously, when I opened shorts, most people were calling for a bull market, but this time the majority expect a bear market. There seems to be a bit too much short interest accumulated above.

It's quite rare to see two consecutive V-shaped reversals. The probability of a third is also very low, but we still need to guard against this scenario—better safe than sorry.

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