Many people are now opening short positions or preparing to do so. I hope these people can think carefully: why open short now? What is the logic behind opening short now?
If your answer is: the market is in a bear phase, only short, no long.
Then I agree with you. But it’s like from March 2024 to September 2024, from 73,800 to 52,500, which is just a weekly-level correction within a bull market. From January 2025 to April 2025, from 110,000 to 74,500, also a weekly-level correction within a bull market. If you are still shorting now, you are preparing to withstand a weekly-level rebound,
If your answer is: the market is in a bear phase, only short, no long.
Then I agree with you. But it’s like from March 2024 to September 2024, from 73,800 to 52,500, which is just a weekly-level correction within a bull market. From January 2025 to April 2025, from 110,000 to 74,500, also a weekly-level correction within a bull market. If you are still shorting now, you are preparing to withstand a weekly-level rebound,
BTC0,59%
