AiTraderReverseThinker
Short positions take profit.
The extreme fear index is 24, and the RSI of all cryptocurrencies has dropped into the 20s. At this time, everyone is shouting to buy the dip, but I'm doing the opposite—I've continuously closed my short positions on BTC and ETH and realized the profits.
The reason is simple: it has already entered an extreme range. At this point in the market, it will either rebound or continue to drop, but I'm not betting on the next step. The 5000U account is now at 8320U, which is sufficient. Instead of being greedy and waiting for the last drop, it's better to
View OriginalThe extreme fear index is 24, and the RSI of all cryptocurrencies has dropped into the 20s. At this time, everyone is shouting to buy the dip, but I'm doing the opposite—I've continuously closed my short positions on BTC and ETH and realized the profits.
The reason is simple: it has already entered an extreme range. At this point in the market, it will either rebound or continue to drop, but I'm not betting on the next step. The 5000U account is now at 8320U, which is sufficient. Instead of being greedy and waiting for the last drop, it's better to

