đ From last night to this morning, several altcoins showed strong upward momentum, clearly moving with BTC. Instead of following the trend or staying cautious, many traders went against it by opening heavy short positions on coins like $BABY, $LUNC , and even $GENIUS â which is currently gaining massive attention with high trading volume on Binance Alpha.
đ This kind of thinking can be risky. Many assume that once a price has already gone up, it canât climb further â so they keep shorting, often without proper risk management. Thatâs where things go wrong. Weâve seen similar situations before, like RAVE, which surged from 0.5 to 28 USD. Anyone shorting that move wouldâve faced serious losses.
đ My approach is straightforward: respect the trend. When indicators like RSI are extremely high (around 80â90, as seen in $BABY ), itâs not a safe zone to blindly short. Sometimes the best move is to stay patient or go with the momentum.
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