TaniTadadashi
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Currently, try not to do any shorting, be cautious. The market has gone unidirectional, and not setting a stop loss will really get you liquidated.


I summarized the concept of shorting, which is basically a psychology of missing out on long positions and wanting to trade on a pullback. Since it’s hard to enter long without a pullback, people end up shorting. When encountering a one-sided market, it results in a stop loss. Most people are hesitant to chase long positions, because often chasing leads to getting stuck in the market and being trapped in repeated losses.
Losses are not scary; don't get carried away, don't be emotional, and don't hold onto your positions. If the liquidation price is far away and you're still holding, don't add to your position. If you do add, make sure to set a stop loss for the added part. Eventually, it will come back, or else you'll end up like me and get liquidated.
There is no pressure above ETH anymore, the major resistance is at 3440.
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