2025-12-31 03:20:59

The situation with SQD continues to unfold today. Many people are optimistic about this coin's future performance, but yesterday's short positions around 0.11 definitely created significant pressure. In the short term, the bearish suppression will be strong, and this is a reality.

What is the ideal scenario? Use funding rates to slowly wear down the short positions at low levels, gradually eat away at their chips, and push the price up little by little to hit the high-level shorts' profits, prompting them to automatically stop out. Essentially, this is a psychological battle—who concedes first, loses. If the price drops now, shorts will comfortably take profits.

In the short term, it is not recommended to short, as the funding costs are too high and not cost-effective. Instead, going long at low levels with reasonable stop-losses offers a pretty good risk-reward ratio. The rally won't come too quickly; after yesterday's surge, many have already reacted, and there will definitely be some shakeouts later. But at this price level, going long still has a worthwhile risk-reward ratio.

Stop-loss is suggested around 0.088, just below the dip during the early morning, but adjust according to your own situation. The target remains a new high.

A reminder: today's risks are much greater than yesterday. Be sure to set stop-losses, control your position size, and avoid all-in bets. Can we win? It all depends on execution.

SQD-8,13%

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UnluckyMiner

· 6h ago

Psychological warfare, huh? Sounds nice, but I'm just worried about the bears dumping the market directly. People who went all-in are probably crying now; stop-loss is really important. Buying at a low level sounds good, but I'm afraid of being shaken out and then watching it rise—that's really painful. Can 0.088 hold? Feels a bit uncertain at this level. Regretting not getting in yesterday. Now, is it a gamble on psychological warfare or just luck? Honestly, I still have a relatively optimistic outlook for the future, but these past two days, I really need to hold back and be cautious.

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DeFiCaffeinator

· 6h ago

Psychological warfare is indeed on point; it all depends on who can hold out until the end. --- I remember the 0.088 level; I can't let it be washed out again this time. --- With such high fees, shorting is just giving money to the exchange. I won't do it. --- Honestly, how will it rally after the shakeout? It still feels a bit uncertain. --- No all-in, just a small position to test the waters. Anyway, the stop-loss is already set. --- I didn't catch the 0.11 yesterday; now at this price, going long is definitely more attractive. --- Execution is crucial; those with poor mental resilience would have been liquidated long ago. --- I'm optimistic about a new high, but be prepared for a washout. Mindset comes first.

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SignatureDenied

· 7h ago

Forget it, let's just accumulate at low levels. Anyway, big funds also need to slowly absorb chips, no rush. Now that the bears are so fierce, who dares to move? It's better to lie flat and wait for the shakeout. The 0.088 level must be held, or it will really be uncomfortable later. To be honest, the guys who chased the high yesterday should be mentally崩了 now. It's a psychological game that needs to be磨ed like this. The fee rate is so high that shorting is just giving money to the exchange. Only someone with a坑脑 would do that. Execution is indeed key, but don't go all-in, everyone. Only by staying alive can we see new highs.

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