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Short positions are not an emotional downturn but a rational analysis of market signals. When the market is caught in a frenzy of pump, these signals often hide the get on board password for shorts.
The price has reached a new high, but indicators such as MACD and RSI have not risen in sync, forming a bearish divergence. This is a typical manifestation of insufficient capital strength. When the second coin breaks through to a new high, the RSI indicator forms a double top above 70, with the second peak lower than the first, indicating that bullish momentum is fading and the probability of a pullback has surged.
Operation suggestion: Short positions around 3870-3900 for the second contract, targeting 3750-3700-3650, and if it breaks down, continue to look for 3550.
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