I haven't been watching the market for a while. Today, I opened it and found that the high-leverage long positions are stacking up quite heavily on this side. Looking at the situation, it feels a bit risky. So I placed a short order at 96, just to see if I can catch this reverse opportunity. In leverage trading, sometimes when market sentiment is overly heated, it's actually a good time to go short. I'm waiting to see if this order will be filled.
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ForkMonger
· 7h ago
lmao, watching plebs stack longs like it's some governance vote they can't undo... the leverage buildup here is basically a protocol vulnerability waiting to get exploited. shorting at 96 is cute, ngl, but the real move is understanding *why* these markets even allow such imbalanced positions in the first place. systemic design flaw, really.
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RektButSmiling
· 7h ago
Short position at 96? Bro, your guts are really big. I bet a bunch of people will get liquidated in this move.
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GasFeeCryer
· 8h ago
96 short positions? Bro, this move is good, just worried about a reverse liquidation explosion.
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BrokeBeans
· 8h ago
Bullish accumulation is so fierce? I also have to reverse and short to give it a try.
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TradFiRefugee
· 8h ago
The bullish accumulation is so fierce that switching to a short position is indeed aggressive. The 96 bet is whether it's a breakout or a rebound, which is quite interesting.
I haven't been watching the market for a while. Today, I opened it and found that the high-leverage long positions are stacking up quite heavily on this side. Looking at the situation, it feels a bit risky. So I placed a short order at 96, just to see if I can catch this reverse opportunity. In leverage trading, sometimes when market sentiment is overly heated, it's actually a good time to go short. I'm waiting to see if this order will be filled.