ChainChef
This wave of the market has already partially closed the short positions.
In fact, when holding a short position, the timing of reducing the position is very critical — it’s important to lock in profits and also leave enough flexibility. This time, I chose to close part of the position mainly because I feel the market has reached a relatively high rebound stage, and the risk-reward ratio is starting to become less favorable.
Short positions inherently carry higher risk than long positions, especially during a sustained rebound. Therefore, reducing the position at the right time to secure exist
View OriginalIn fact, when holding a short position, the timing of reducing the position is very critical — it’s important to lock in profits and also leave enough flexibility. This time, I chose to close part of the position mainly because I feel the market has reached a relatively high rebound stage, and the risk-reward ratio is starting to become less favorable.
Short positions inherently carry higher risk than long positions, especially during a sustained rebound. Therefore, reducing the position at the right time to secure exist