Today, I continue with a bearish outlook. Recently, US dollars have started flowing in, and I have placed a small short position on $GUA, using 10x leverage, with a stop loss set around 0.151. This level feels a bit high and risky, so I am waiting for a pullback.
Simultaneously, keep an eye on the performance of $PIPPIN and $ZEC — recently, the crypto market has shown some rebound signs driven by the positive news that the US core CPI came in below expectations. However, in this context, caution is even more important. If the stop loss is triggered, close the position and look for new opportunities.
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RektButSmiling
· 01-17 00:07
High places are unbearably cold, this saying is spot on. Now it's just waiting for a nice correction.
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A CPI positive rebound is easily trapped; you still need to stick to your stop-loss line.
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Playing $GUA with 10x leverage, that courage... I respect it.
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Whenever US data is good, the market gets excited; be careful of a sudden counterattack.
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Watching $PIPPIN and $ZEC simultaneously, is this looking for an opportunity or seeking excitement?
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Caution is correct; always think about closing your position at the moment of rebound.
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The most feared moment of a short position is a sudden reverse surge; pray that your stop-loss isn't triggered.
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Holding a short position, you must keep a steady mindset.
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Under positive news driving the market, you should be even more vigilant; this is a bloody lesson.
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governance_lurker
· 01-16 08:19
It's true that it's cold at high altitudes, and I don't dare to chase this rebound too aggressively.
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FallingLeaf
· 01-16 03:27
The saying "It's cold at high places" I agree with, but I feel this rebound is a bit weak.
Wait, is setting the stop-loss at 0.151 a bit too tight?
Playing $GUA with 10x leverage definitely requires quick hands, but I've also been bearish lately, just not daring to hold a heavy position.
$ZEC has been interesting recently; I'll consider buying more once it drops a bit more.
CPI positive is good news, but don't be fooled; you still need to stay cautious.
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GateUser-3824aa38
· 01-16 03:26
Bro, your short position is really bold, playing GUA with 10x leverage is quite exciting... But rebounds are unpredictable, CPI positive is good, but we'll have to see what happens next.
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MevWhisperer
· 01-16 03:25
It's truly cold at high altitudes; let's just wait and see.
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HashBrownies
· 01-16 03:23
The USD inflow has started, so the short positions need to hold. Right now, this rebound is too weak.
Good morning.
Today, I continue with a bearish outlook. Recently, US dollars have started flowing in, and I have placed a small short position on $GUA, using 10x leverage, with a stop loss set around 0.151. This level feels a bit high and risky, so I am waiting for a pullback.
Simultaneously, keep an eye on the performance of $PIPPIN and $ZEC — recently, the crypto market has shown some rebound signs driven by the positive news that the US core CPI came in below expectations. However, in this context, caution is even more important. If the stop loss is triggered, close the position and look for new opportunities.