Parabolic gains are often difficult to end well. Ideally, if the price can gently break above $80, it would be a better shorting opportunity—clear resistance levels and a better risk-reward ratio. But the situation is different now. The market is too fierce and fast, the space has opened up, and it's no longer so easy to catch the bottom and short. If you're still long now, remember to control your positions. Such a rapid upward trend can be very dangerous once it turns. Reducing positions appropriately and locking in profits is wiser than being wiped out by a sudden reversal.
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RektRecorder
· 11h ago
Parabolas, the steeper the rise, the sharper the pullback. Not catching the bottom this time is truly a regret.
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FortuneTeller42
· 11h ago
This surge is too fierce, I'm a bit scared now, feeling like it could reverse at any moment.
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CommunityLurker
· 11h ago
This wave of increase is indeed fierce, but what I care more about is when to sell... I don't want to be the last one holding the bag.
Parabolic gains are often difficult to end well. Ideally, if the price can gently break above $80, it would be a better shorting opportunity—clear resistance levels and a better risk-reward ratio. But the situation is different now. The market is too fierce and fast, the space has opened up, and it's no longer so easy to catch the bottom and short. If you're still long now, remember to control your positions. Such a rapid upward trend can be very dangerous once it turns. Reducing positions appropriately and locking in profits is wiser than being wiped out by a sudden reversal.