If you’re still shorting $BTC just because “the top must be close,” stop now.
Trying to call the exact top can destroy a trading account. FOMO hurts, but repeatedly fighting momentum with leveraged shorts can be even more expensive.
The 30-day profit leaderboard points to a familiar lesson: strong traders often respect the trend instead of guessing when it ends. $BTC was still up 0.54% in the latest snapshot, quietly punishing anyone who entered shorts without confirmation.
Bears can argue that overheated markets eventually correct, and they’re right. But until price structure weakens, I’d rather follow strength in $BTC and watch $ETH for confirmation than bet everything on a top that hasn’t formed.
Are the shorts early, or is the market finally close to turning?
#Bitcoin #CryptoTrading #MarketOutlook
Trying to call the exact top can destroy a trading account. FOMO hurts, but repeatedly fighting momentum with leveraged shorts can be even more expensive.
The 30-day profit leaderboard points to a familiar lesson: strong traders often respect the trend instead of guessing when it ends. $BTC was still up 0.54% in the latest snapshot, quietly punishing anyone who entered shorts without confirmation.
Bears can argue that overheated markets eventually correct, and they’re right. But until price structure weakens, I’d rather follow strength in $BTC and watch $ETH for confirmation than bet everything on a top that hasn’t formed.
Are the shorts early, or is the market finally close to turning?
#Bitcoin #CryptoTrading #MarketOutlook
