A short position was established around 95400 for BTC, and the current price is near 94600. This level is suitable for short-term traders to consider taking some profits and locking in gains. If you are a trader aiming for larger gains and plan to hold longer, it is recommended to reduce your position by 50% first, and set your stop-loss at 96000.
After adjusting your position, the remaining portion can be managed with a lower-risk approach—after all, there will be no more losses, and the psychological pressure will be much lighter. From a technical perspective, you can keep an eye on the lower target of 91780 as a reference for further decline.
Recently, market volatility has increased, and our strategy is to stay calm, follow the rules for each trade, and avoid greed and impatience. Maintain disciplined trading, accumulate profits gradually, and only then can we go further.
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New_Ser_Ngmi
· 4h ago
A profit of 800 points is when you should exit; greed is the biggest risk.
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ThatsNotARugPull
· 4h ago
It's not a matter of securing profits; the key is how high this wave can go. Is 91780 really the bottom?
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StablecoinGuardian
· 4h ago
This wave definitely calls for reducing positions, otherwise a sudden rally overnight could just wipe it out.
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Breaking 91,780 is the key; if it breaks, there might still be room for further decline.
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Sounds good, but when it comes to critical moments, it's easy to panic. I'm that kind of person who can't hold on.
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Setting the stop-loss at 96,000 is quite tight; the floating space is a bit small.
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Taking profits and securing gains is never wrong, but the real concern is greed and giving back the profits.
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It's easy to say have a good mindset, but when the market moves, no one can stay calm, honestly.
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OnChainSleuth
· 4h ago
This move from 95400 to 94600, short positions are indeed comfortable, but I still think it's safer to close half first, after all, who knows what will happen next.
A short position was established around 95400 for BTC, and the current price is near 94600. This level is suitable for short-term traders to consider taking some profits and locking in gains. If you are a trader aiming for larger gains and plan to hold longer, it is recommended to reduce your position by 50% first, and set your stop-loss at 96000.
After adjusting your position, the remaining portion can be managed with a lower-risk approach—after all, there will be no more losses, and the psychological pressure will be much lighter. From a technical perspective, you can keep an eye on the lower target of 91780 as a reference for further decline.
Recently, market volatility has increased, and our strategy is to stay calm, follow the rules for each trade, and avoid greed and impatience. Maintain disciplined trading, accumulate profits gradually, and only then can we go further.