I’m watching trade $BTW with an unrealized loss of $2,565, while everyone thinks the short squeeze is over 😭📉
Yes, the trade looks very bad right now 💀
But this is exactly why I always stress that position size matters more than conviction. ⚠️
$BTW
is still squeezing shorts and pushing the price higher, giving buyers more hope near the psychological $2 level. 🚀
I’m not going to completely change my view just because the trade is showing a temporary loss. 🧠
The move I’m watching now is a possible final push toward the $2.00–$2.18 area. After that, I want to see whether the price structure finally starts to break down. 👀📊
I’m still holding onto the larger bearish thesis. 📉
But remember: confidence in analysis does not mean risking your entire capital. Even good analysis can be mistimed. 🎯💰
Yes, the trade looks very bad right now 💀
But this is exactly why I always stress that position size matters more than conviction. ⚠️
$BTW
is still squeezing shorts and pushing the price higher, giving buyers more hope near the psychological $2 level. 🚀
I’m not going to completely change my view just because the trade is showing a temporary loss. 🧠
The move I’m watching now is a possible final push toward the $2.00–$2.18 area. After that, I want to see whether the price structure finally starts to break down. 👀📊
I’m still holding onto the larger bearish thesis. 📉
But remember: confidence in analysis does not mean risking your entire capital. Even good analysis can be mistimed. 🎯💰