Last night’s market did experience some volatility, and a few of my trades were triggered. The short positions on Bitcoin at 89,500 and 90,500, along with the secondary short on Ethereum at 3,100, are currently in floating loss. However, defensive positions have already been set—targeting 92,300 for Bitcoin and 3,230 for Ethereum. It’s better to sleep on it now rather than stay up until dawn.
The recent market rhythm has indeed been quite torturous. After a long consolidation, there was a sudden rapid surge, followed by a sharp pullback. Every day is a cycle of news about massive longs or shorts, and daily profit and loss fluctuations have become the norm. Honestly, such full-position trading right at the start is only suitable during low-risk periods like midday.
When a rebound occurs, people say the bull market has returned, but that judgment is too arbitrary. Of course, I’m not claiming the market will fall just because my short positions are trapped—markets don’t change based on one person’s holdings. If you haven’t entered the market yet, there’s no need to rush into chasing the rally. The recent frequent upward pushes followed by sharp drops have become the main theme; chasing highs and cutting losses repeatedly will only lead to more losses. Opportunities for intraday longs are fleeting—missed chances are just that.
For friends with floating losses on shorts, set your stop-losses properly and leave the rest to time. There’s no need to keep adding to losing positions; the more you add, the more you lose. When it’s time to lock in losses, you need the courage to do so—that’s the way to survive long-term.
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CryptoMotivator
· 8h ago
It's better to cut losses before sleeping; don't think about recovering everything with a big gamble.
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SerumDegen
· 8h ago
ngl the stop hunts are getting absolutely unhinged rn... trapped at 89.5 and 3100 while watching the wick show. this market's just liquidation theater at this point, no cap. anyone still fomo-ing rn is basically speedrunning the rekt speedrun lol
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MetaReckt
· 8h ago
Chasing gains and killing dips is really a dead end; you're always on the edge of cutting losses.
That's right, sleeping well is much better than staying up all night watching the market. Set your stop-loss and let go.
Unrealized losses are just that—unrealized. I've long given up on averaging down; the cost of bleeding out is real.
Those calling for a bull market on a rebound need to calm down.
This rhythm is indeed torturous, but the market won't wait for anyone. Missing out is just missing out.
Going all-in is a strategy that will eventually lead to big losses.
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SerNgmi
· 8h ago
This unrealized loss is indeed a bit uncomfortable, but the 92300 level is still defendable, right?
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Honestly, chasing the rise is just asking for death. I don't want to cut my losses anymore.
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The saying "the more you top up, the more you lose" really hits home; you need to learn to cut losses.
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It's definitely safer to place orders at noon; the market at night is simply devilish.
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I'm no longer holding positions; setting stop-losses and going to sleep is the way to go. Those who insist on watching the screen are fools.
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Every rebound is called a bull market, but I'm tired of hearing that; it's not that simple.
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Breaking 92300 is the real trouble; now it's just about whether we can hold it.
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I can't stand those who go all-in right from the start; it's purely gambling with their lives.
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WhaleWatcher
· 8h ago
This stop-loss logic is fine, but executing it is really damn difficult. Watch the defensive position carefully, and don't make reckless moves afterward.
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mev_me_maybe
· 9h ago
Sleeping before bed still has to watch the market, this is our fate
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Floating loss is floating loss, anyway stop-loss is set, better than those who chase the rise until they are numb
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The most tormenting thing is not the loss, but watching this calm rally and crash every day, I really can't understand who is manipulating this rhythm
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That's right, entering the market now is indeed a bit problematic, but don't just hold cash waiting for the bull market to die suddenly
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See you at 92300, take one last look before bed, and don't dream of liquidation again in your dreams haha
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The saying "the more you top up, the more you lose" I have to set up a memorial for it, vivid in my mind
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It's indeed difficult to catch intraday long positions, better to stick with short positions, although now there is also floating loss
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Those who shout "bull market" at every rebound need to temper their mindset
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The 3230 defense position is set reasonably, but I bet it will drop a bit more
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Instead of staying up late watching the market, it's better to trust your stop-loss settings, this is the self-cultivation of a trader
Last night’s market did experience some volatility, and a few of my trades were triggered. The short positions on Bitcoin at 89,500 and 90,500, along with the secondary short on Ethereum at 3,100, are currently in floating loss. However, defensive positions have already been set—targeting 92,300 for Bitcoin and 3,230 for Ethereum. It’s better to sleep on it now rather than stay up until dawn.
The recent market rhythm has indeed been quite torturous. After a long consolidation, there was a sudden rapid surge, followed by a sharp pullback. Every day is a cycle of news about massive longs or shorts, and daily profit and loss fluctuations have become the norm. Honestly, such full-position trading right at the start is only suitable during low-risk periods like midday.
When a rebound occurs, people say the bull market has returned, but that judgment is too arbitrary. Of course, I’m not claiming the market will fall just because my short positions are trapped—markets don’t change based on one person’s holdings. If you haven’t entered the market yet, there’s no need to rush into chasing the rally. The recent frequent upward pushes followed by sharp drops have become the main theme; chasing highs and cutting losses repeatedly will only lead to more losses. Opportunities for intraday longs are fleeting—missed chances are just that.
For friends with floating losses on shorts, set your stop-losses properly and leave the rest to time. There’s no need to keep adding to losing positions; the more you add, the more you lose. When it’s time to lock in losses, you need the courage to do so—that’s the way to survive long-term.