A few days ago, I opened a short position at the 3420 level, but I didn't hold onto it (to be honest, trend trading is still easy to get caught off guard). Yesterday, Ethereum rebounded to around 3260, and I re-entered my initial position there. If the rebound continues and reaches the 3180 to 3200 range, everyone can once again consider short positions.
The overall strategy for the second half of December is still to maintain a bearish outlook. This wave of rebound is more of a short-term technical correction and does not change the medium-term weak pattern. Stay alert and manage your positions carefully.
By the way, just to complain a bit, I recently switched to a new phone, moving from Android to Apple. I've been using it for a couple of days and still feel a bit out of sync. But back to the crypto world, while paying attention to regulatory developments, also take care of your holding pace.
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HashBandit
· 13h ago
nah bro got liquidated thinking that bounce was real lmao... back in my mining days we'd call this network congestion, now it's just called "getting rekt" 😅
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EternalMiner
· 13h ago
3420 That wave indeed slapped the face, but re-entering at 3260 is a bit bold, you just need to withstand the psychological pressure.
The bearish outlook is fine, but if this rebound really pushes to 3180... I think you should be on the lookout for black swans.
Haha, switching to Apple? That's tough, I’ve been through that too, now all I can do is accept it.
Risk awareness of position sizing must be cautious, greed is the most important thing to avoid.
The biggest risk when shorting is the lack of a disciplined stop-loss. You need to manage your funds well if you're trading in and out repeatedly.
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MysteryBoxBuster
· 13h ago
Haha, getting slapped in the face is really something I do often too, it’s uncomfortable.
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Trying one more time around 3180, feels like there’s a chance.
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Switching from Android to Apple is really tough, but the crypto world is even tougher, haha.
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Short positions still require patience, don’t rush.
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This rebound is purely technical correction, don’t be fooled into jumping in.
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You really need to control your position size, or you won’t sleep well at night.
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It’s not wrong to be bearish, it’s just a matter of holding on.
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Regulation news has been tight lately, better to be cautious.
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Entered again at 3260, now just waiting for it to keep falling.
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The most feared thing about trend trades is being repeatedly hit, it’s soul-crushing.
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token_therapist
· 13h ago
3420 After being proven wrong, still dare to re-enter, this mindset really unmatched haha
How many times have you been fooled by the rebound and still chasing short positions, you should have gotten used to it
I also switched from Android to Apple, and I actually find this wave of Bitcoin’s rebound harder to adapt to
3180 is indeed a good entry point, just worried it might change direction again
Honestly, it's easier to be bearish, but holding steady is the real skill
This wave of recovery doesn't seem that simple, still need to watch more and act less
Just control your position well, don’t let the market rallies tire you out
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HackerWhoCares
· 13h ago
The part where 3420 got slapped really resonated with me; trend orders are like that—if you're not careful, you'll get knocked down.
I'm also watching the 3180 level, but I want to wait and see if there's a better entry point.
Being bearish in December was correct; the rebound feels like a fleeting glimpse of light.
By the way, switching from Android to Apple really takes a long time to adapt, but controlling position size is truly the hardest part.
A few days ago, I opened a short position at the 3420 level, but I didn't hold onto it (to be honest, trend trading is still easy to get caught off guard). Yesterday, Ethereum rebounded to around 3260, and I re-entered my initial position there. If the rebound continues and reaches the 3180 to 3200 range, everyone can once again consider short positions.
The overall strategy for the second half of December is still to maintain a bearish outlook. This wave of rebound is more of a short-term technical correction and does not change the medium-term weak pattern. Stay alert and manage your positions carefully.
By the way, just to complain a bit, I recently switched to a new phone, moving from Android to Apple. I've been using it for a couple of days and still feel a bit out of sync. But back to the crypto world, while paying attention to regulatory developments, also take care of your holding pace.