Waiting and waiting, I only managed to touch 113.9k. I only took short positions on #aave and #doge....
My shorting method: I treat #btc as an index/ when the index grows to the position I want, I look for mainstream blue chips to short. I hardly short #btc or #eth; I mainly like to short #doge, #aave, #uni, #pepe, and #sui. / Each time I short, my take profit and stop loss are quite strict, to prevent myself from becoming addicted to shorting and developing a shorting mindset. Shorting should only be a hedge, understood as a way to earn a living, while big money is still made from going long.
It seems like the drop isn't over yet.... Compared to that day when mainstream altcoins were spiking by 20%, #btc has only dropped by 3-5%. #btc hasn't had a significant pullback yet. No pain, no gain; from a fee perspective, I think there's still room for a drop, and the bottom isn't sharp. Moreover, since May, it has actually been rising intermittently for four to five months.
Major drops are always sudden. The FUD that the dove teacher mentioned this morning has, to some extent, reduced a lot of leverage in the market, and the fact that it can bounce back now indicates that there will be a higher demand for a rebound. I might short at the 114/115 level, targeting #doge, #aave, #uni, #pepe, and #sui, which have relatively strong volatility (up and down).
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