It's not that I and my group friends are trading in reverse, but I think the expectation for spot market performance is simply too long-term.
If we truly want a long-term rise, we can't set the spot as the final expectation, or else the moment we go long in the spot market will definitely be at the peak. Yesterday, a short seller made 12,000, but earlier, I lost 6,000 on BTC and ETH when trying to top out at 94,000. This entire week's rebound didn't make money; instead, I made money by shorting the top of altcoins. On the daily chart, during a rebound and upward cycle, it's also possible to make money by shorting on smaller timeframes. At this point, lacking faith is actually a good thing.
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It's not that I and my group friends are trading in reverse, but I think the expectation for spot market performance is simply too long-term.
If we truly want a long-term rise, we can't set the spot as the final expectation, or else the moment we go long in the spot market will definitely be at the peak.
Yesterday, a short seller made 12,000, but earlier, I lost 6,000 on BTC and ETH when trying to top out at 94,000.
This entire week's rebound didn't make money; instead, I made money by shorting the top of altcoins.
On the daily chart, during a rebound and upward cycle, it's also possible to make money by shorting on smaller timeframes.
At this point, lacking faith is actually a good thing.