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Advice to everyone, avoid short positions in the short term. I really should give everyone a bow — recently, I stubbornly held everyone back from shorting around 88000, and now you should deeply realize how smart that decision was.
BTC has been consolidating at the bottom for so long, it's not about dumping, but about gathering strength. Without a crazy surge, how can you harvest those who chase high? The goal is clear: to push into the 92000 to 96000 range. The day before yesterday, I closed all my long positions, now I’m just waiting for a pullback to re-enter, so I can confidently go long without panic.
The question is, who would have thought? I avoided the pitfalls of mainstream coins but ended up taking a fall on altcoins. Doing PEPE was brutal, with huge pressure at the 0.0000058 level. Looking at the current momentum, it’s likely to pull back rather than break through, so when that happens, I’ll cut losses immediately, regardless of profit or loss, and not hold grudges.
MEME coins have been extremely volatile lately. I initially didn’t pay much attention to them, but I still couldn’t avoid the fate of being harvested. I plan to hold this position for a day; if it continues upward, I’ll cut losses directly — I won’t stubbornly hold on.
After years of trading, I’ve seen too many stories of liquidation, mostly caused by altcoins. Why? You’re trading contracts with mainstream coins like BTC, ETH, SOL, which have consensus and liquidity, but you refuse to do so and instead gamble on altcoins’ rises and falls. Isn’t that just sending your head to be chopped off? Following the main trend and trading mainstream coins guarantees profit — isn’t that attractive?