2026-01-06 01:21:42

Bitcoin and Ethereum's short-term K-line charts do show some signs of being overbought, so some traders have started to consider shorting. But what happened? Many got wiped out.

This is a classic trap of short-term thinking—focusing only on the current candlestick chart while completely ignoring the overall market trend. Is the current pullback a normal correction in an uptrend, or is it a genuine downtrend? Many people actually don't have a clear answer and can only guess, rely on luck, or follow so-called "intuition" to interpret the market makers' intentions.

This kind of guessing-based trading method carries significant risks. Major players can use various tactics to create fake breakouts or false breakdowns to harvest stop-loss orders. If you don't understand the direction of the larger cycle and only aim for quick profits in the short term, you'll often fall into a vicious cycle of being repeatedly slapped in the face. To survive longer in this market, you need to lift your head and look at the big picture—don't just focus on a small patch right under your feet.

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ShibaSunglasses

· 01-08 04:13

Once again, been smashed. Have you learned your lesson this time, everyone? Thinking of bottom-fishing just by looking at the candlestick chart? Serves you right. Opening short positions blindly on short timeframes, just waiting for liquidation. You still need to look at the bigger picture, don’t just focus on playing with candlestick charts. The main force loves to harvest gamblers like this, really. If you want to survive longer, you need patience. Don’t rush.

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BrokenDAO

· 01-06 15:45

Short-term short positions get squeezed, essentially a loss in a game of asymmetric information. Market participants are always guessing the intentions of the major players, which fundamentally is a flaw in the mechanism design caused by incentive distortions.

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LayerZeroHero

· 01-06 01:51

Another one that got wrecked, I’ve been saying not to touch short-term trading this thing --- Watching K-line shorting, every time it’s the same routine, serves them right --- That’s right, this market just can’t figure out the big players’ tricks, how dare they go short directly --- I’m puzzled, why do some people always insist on going against the trend --- Short-term rookie’s self-discipline: stop-loss not set properly, ending in bankruptcy --- Really, lifting your head to look at the bigger picture is the way to go, bowing your head leads to a dead end --- Getting caught in the trap, I’m numb now, only looking at daily charts and above, I’ve completely given up on short-term trading

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NewPumpamentals

· 01-06 01:50

Here we go again, the old tricks of short-term traders, still the same old story. The bears got eaten, serves them right. Just by looking at the candlestick chart, you want to buy the dip and sell the top—are you trying to get yourself killed? Operating blindly without understanding the big cycle—what is this if not gambling? Lift your head and look at the overall trend—that's the way to go. Don't always think about getting rich overnight.

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GateUser-40edb63b

· 01-06 01:43

Both bearish and getting liquidated, serves you right, short-term trading is just gambling --- Guess the market maker's intention based on intuition, hilarious, this is the rhythm of sending money --- Staring at the K-line chart every day, my eyes are blurred, but I still can't see through --- Daring to short without understanding the big cycle, you probably learned your lesson after one or two times --- Stop-loss orders being repeatedly liquidated, this is called being weeded out --- Fake breakouts and fake breakdowns kill a bunch of people, the main force is really incredible --- Short-term profits? Better to suffer long-term losses instead --- Lift your head to see the full picture, but most people are looking down at their liquidation accounts --- Every time it’s overbought, I want to short, but a few rounds and it’s gone --- Guessing relies on luck, this kind of trading is bound to lose

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ReverseTradingGuru

· 01-06 01:38

Another batch of short-sellers gets wiped out. Serves them right. Short-term traders are just mesmerized by the 4-hour chart. Staring at candlestick charts every day, how can you possibly beat the big players? How many people got liquidated this time? Is it really that hard to analyze the larger timeframes?

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SmartContractDiver

· 01-06 01:32

Another wave of short-sellers getting liquidated, it's painful to watch Relying on guesswork for short-term trades will eventually cost you tuition Really thought I understood the tricks of the whales, so funny Jumping into trades without understanding the big cycle, serves you right That's why I mainly focus on 4-hour charts and above now All those stop-loss orders in my hands are tears

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