$BTC 8 ten-thousand followers chasing a rally and getting trapped—do they still have a chance to get out alive?
For the brothers who chased long positions for 80,000, I know you’re a bit panicked right now.
Last night, a single remark from the U.S. Federal Reserve sent the market straight down from 81,000 to 77,500. Your long position at 80,000 is definitely awkward—cut it and it hurts; hold it and you’re afraid it will keep dropping.
But don’t rush to close your position yet. Let me give you a few data points and you judge for yourself:
First, smart money hasn’t exited. The average long entry price is 77,500. They’re still in profit right now and they haven’t sold into the drop. What got liquidated were the shorts chased at 76,000—over ten million USD is gone just like that.
Second, the 77,500 level is where earlier liquidity was stacked—not something made of paper. Once it gets here, it clearly can’t fall further easily.
If you cut now, you’ll most likely cut near the bottom. After the emotions have digested, the market will likely pull back toward around 80,000 and give you a chance to get out. Then it’s better to exit at breakeven or with a small loss rather than making a reckless decision out of panic.
I know you’re thinking about holding a bit longer, getting back to even, and even trying to make a little profit—totally normal. Traders who play with contracts all think that way. But the most stable approach right now is to control your hands and don’t let panic make the decision for you.
The hole dug by news shocks gets filled the fastest by emotions. Don’t scare yourself.
No way to get out of the trap? Join the chat room
#沃什称通胀是美联储首要关注 #纽约白银期货跌3%
For the brothers who chased long positions for 80,000, I know you’re a bit panicked right now.
Last night, a single remark from the U.S. Federal Reserve sent the market straight down from 81,000 to 77,500. Your long position at 80,000 is definitely awkward—cut it and it hurts; hold it and you’re afraid it will keep dropping.
But don’t rush to close your position yet. Let me give you a few data points and you judge for yourself:
First, smart money hasn’t exited. The average long entry price is 77,500. They’re still in profit right now and they haven’t sold into the drop. What got liquidated were the shorts chased at 76,000—over ten million USD is gone just like that.
Second, the 77,500 level is where earlier liquidity was stacked—not something made of paper. Once it gets here, it clearly can’t fall further easily.
If you cut now, you’ll most likely cut near the bottom. After the emotions have digested, the market will likely pull back toward around 80,000 and give you a chance to get out. Then it’s better to exit at breakeven or with a small loss rather than making a reckless decision out of panic.
I know you’re thinking about holding a bit longer, getting back to even, and even trying to make a little profit—totally normal. Traders who play with contracts all think that way. But the most stable approach right now is to control your hands and don’t let panic make the decision for you.
The hole dug by news shocks gets filled the fastest by emotions. Don’t scare yourself.
No way to get out of the trap? Join the chat room
#沃什称通胀是美联储首要关注 #纽约白银期货跌3%
