Staring at BTC’s 1-hour chart for a long time, I feel like this move is more of a bearish continuation—a classic second-stage pullback and consolidation. Last night when the price touched 89,900, I added some more shorts.
Honestly, after checking out various communities, everyone is bullish. But I still stick to my idea of holding short positions on the larger timeframes. After all, if you’re trading futures but don’t dare to go short, what’s really the difference from just holding spot?
The key is in position management—as long as you don’t go all-in with heavy positions and high leverage, it’s actually pretty easy to find opportunities to get out of short trades. The market has this pattern: it might take a month to grind upwards, but when it falls? That can happen in just a few minutes.
Even if I’m actually bullish on the long-term outlook, I still wouldn’t open long positions in futures. The more reliable approach is to just add some spot holdings and wait for the price to go up. The value of futures lies in being able to respond flexibly to market swings in different cycles.
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MindsetExpander
· 12-11 03:17
Uh, I feel like I've heard this logic a hundred times before. Every time they say short positions are guaranteed to make money, but what’s the result?
It's fun to see the price drop in these few minutes, but dare you say you've never been caught by a rebound?
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GhostWalletSleuth
· 12-10 05:23
I also saw the 89900 wave, but there is a bit of a problem with this logic - shouting long means that the bottom has not yet arrived
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How do you feel that contract players like to bet on the opposite, and those who really make money have long been lying down and counting money
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Position management makes sense, but most people can't control it at all, and it sounds like an afterthought
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It is true that it fell for more than ten minutes, the key is whether you can copy it to the end, this is the test
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I feel that those who stare at the 1-hour line every day are easy to be trapped, try a different idea
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DataChief
· 12-09 18:35
Oh no, another bearish one. Bro, you really need to be careful with your position size.
Blindly following the crowd to short is the easiest way to get wrecked. I was nervous for you during that 89900 move.
But to be fair, you’re absolutely right about position management—nothing is more important than setting stop-losses.
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TaxEvader
· 12-09 18:33
Hmm... there's something to this logic, but I still think it's a bit risky to open a short at 89900.
Aren't you afraid of getting dumped on?
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HodlOrRegret
· 12-09 18:31
I was there for that 89900 move too, but I didn't dare to short, chickened out haha
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TokenUnlocker
· 12-09 18:31
What this guy said is absolutely right. Short positions do require more skill; anyone can go long.
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GateUser-40edb63b
· 12-09 18:30
The short sellers are back again. How long can they hold out this time? I was there during the 89,900 wave too, and I'm still waiting for a chance to cut my losses.
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IronHeadMiner
· 12-09 18:12
Yeah, I understand the logic behind shorting, but did you really dare to add at 89900? I chickened out.
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What's the difference between not shorting contracts and just holding spot? That really hit me.
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Position management is the hardest part. It's easy to say, but actually doing it, you end up going all-in.
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It drops for a dozen minutes but takes a month to rise. That's really how the market behaves.
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Spot lying flat vs. contract fighting—I still chose the former, it's just more comfortable.
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Being bullish on the market but not opening longs—that thinking is actually clearer.
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RumbleValidator
· 12-09 18:05
Should we add a short position at the 89900 level? This guy really knows his stuff; his explanation of the consensus mechanism is very solid.
System security cannot be compromised, and in fact, the verification efficiency for short positions is much higher than for long positions.
Staring at BTC’s 1-hour chart for a long time, I feel like this move is more of a bearish continuation—a classic second-stage pullback and consolidation. Last night when the price touched 89,900, I added some more shorts.
Honestly, after checking out various communities, everyone is bullish. But I still stick to my idea of holding short positions on the larger timeframes. After all, if you’re trading futures but don’t dare to go short, what’s really the difference from just holding spot?
The key is in position management—as long as you don’t go all-in with heavy positions and high leverage, it’s actually pretty easy to find opportunities to get out of short trades. The market has this pattern: it might take a month to grind upwards, but when it falls? That can happen in just a few minutes.
Even if I’m actually bullish on the long-term outlook, I still wouldn’t open long positions in futures. The more reliable approach is to just add some spot holdings and wait for the price to go up. The value of futures lies in being able to respond flexibly to market swings in different cycles.