Posteo
Happy_shanky
$BTC — Shorting a powerful uptrend can get painful fast.
Price keeps pushing higher, you think it’s too extended, and you enter a short. Then another breakout leg comes in and suddenly the position is trapped.
The mistake is assuming every strong rally has to reverse immediately. Sometimes a move that looks like a top is simply consolidation before the next leg higher.
When momentum is clearly bullish, fighting the trend with oversized shorts leaves almost no room for mistakes.
#DailyOrbit
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