Recently, I identified a good shorting opportunity in the market. Yesterday, I decisively entered a short position at Ethereum's peak, and the outcome of this move has been quite profitable.
Let me share my approach. I mainly observed that ETH was repeatedly oscillating at certain price levels without showing signs of an upward breakout. Combined with the shift in market sentiment following the Fed's interest rate cut expectations, I decided to go short accordingly. The key is to strictly follow the profit-taking plan: close the position once the target price is reached—never be greedy.
You might also have noticed that since the clear signal of a rate cut, market sentiment has been noticeably subdued, with a large amount of capital flowing out of high-risk assets. Under these circumstances, many investors are clearing out positions, and the entire market is enveloped in a cautious atmosphere.
From a technical perspective, the market has been consolidating over the past few days during the weekend, with no clear directional breakthrough. My judgment is that, during the phase of implementing the rate cut and when market sentiment is still stabilizing, there will be numerous opportunities to short at high points. The crucial part is to maintain discipline and only take action when the risk-reward ratio aligns appropriately.
If you also agree with this approach, I recommend considering my trading framework to capture opportunities amid market volatility.
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Recently, I identified a good shorting opportunity in the market. Yesterday, I decisively entered a short position at Ethereum's peak, and the outcome of this move has been quite profitable.
Let me share my approach. I mainly observed that ETH was repeatedly oscillating at certain price levels without showing signs of an upward breakout. Combined with the shift in market sentiment following the Fed's interest rate cut expectations, I decided to go short accordingly. The key is to strictly follow the profit-taking plan: close the position once the target price is reached—never be greedy.
You might also have noticed that since the clear signal of a rate cut, market sentiment has been noticeably subdued, with a large amount of capital flowing out of high-risk assets. Under these circumstances, many investors are clearing out positions, and the entire market is enveloped in a cautious atmosphere.
From a technical perspective, the market has been consolidating over the past few days during the weekend, with no clear directional breakthrough. My judgment is that, during the phase of implementing the rate cut and when market sentiment is still stabilizing, there will be numerous opportunities to short at high points. The crucial part is to maintain discipline and only take action when the risk-reward ratio aligns appropriately.
If you also agree with this approach, I recommend considering my trading framework to capture opportunities amid market volatility.