Good morning, planning to continue deploying a short position. Looking at the large arc pattern forming on GUN, the rally has been quite fierce, and such a situation is actually a signal of risk release. Planning to open a small position with 10x leverage to test the waters, with a stop loss set around 0.02415. If it hits, I will withdraw immediately and replan.
In this recent rebound in the crypto market, PIPPIN and JELLYJELLY are also following the upward trend. The short-term rally is too rapid, and a correction is still needed. Instead of chasing highs, it's better to find good sniper points and wait for a pullback opportunity to act. In such market conditions, risk control always comes first.
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SchrödingersNode
· 01-08 21:37
Uh... Trying 10x leverage is really bold. I think GUN's recent surge is a bit questionable, but you still need to be cautious when shorting, as it's easiest to get caught during rebounds.
Risk control comes first, there's nothing wrong with that, but the real question is how many can actually do it...
We've seen PIPPIN and JELLYJELLY follow the trend early on. Usually, things that surge rapidly in the short term don't end well. Wait for a correction before entering, that's the right way.
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SelfMadeRuggee
· 01-08 04:01
This wave of GUN's performance is indeed a bit scary, the arc was drawn too aggressively, I also think we need to be cautious.
Trying 10x leverage is okay, but you really need to stick to your stop-loss, or you'll be wiped out in an instant.
PIPPIN and JELLYJELLY, which are follow-the-trend plays, also have pretty fierce pullbacks. It's better to be patient and wait for the sniper points.
When the market is crazy, you need to stay calm. I have deep experience with this.
Wait, could this be another trap? There have been too many tricks lately.
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MainnetDelayedAgain
· 01-08 04:01
Looking at GUN's recent arc-shaped rally, how long has it been since someone last warned about risks? The database still shows the familiar pattern.
Trying 10x leverage, it's recommended to note today's date and prepare for the next round of delays.
PIPPIN and JELLYJELLY are following the upward trend, the project team's pie-in-the-sky promises continue to ferment, and it will eventually come true, right?
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MoonBoi42
· 01-08 03:59
Ha, it's that big arc theory again. Every time, it says the risk release results in a sudden surge. Still dare to aim for 10x? The courage is really bold.
Wait, is GUN really that fierce? Why haven't I reacted yet?
Risk control first is correct; some people just can't do it.
I've already liquidated my PIPPIN holdings long ago. For those chasing the high, good luck.
Trying a 10x leverage to test the waters? Brother, are you testing the waters or trying to get liquidated?
Sounds nice, but in the end, it's probably FOMO, haha.
The pullback opportunity... waited half a year and it didn't come, so I gave up.
Stop loss at 0.02415. When the time comes, you'll probably be reluctant to cut it. I bet five bucks.
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OffchainWinner
· 01-08 03:51
The big arc wave is indeed fierce, I'm watching too. Be cautious with leverage, brother.
Wait, can we trust this data? Feels like something's missing.
Those chasing the high will suffer losses. Let's just wait for the dip.
10x leverage is really bold; I think I'll play it safe.
JELLYJELLY, this market cap is too small, easy to get crushed.
Risk control first, there's no doubt about that, but unfortunately most people can't do it.
This rebound feels like it's coming to an end.
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StakoorNeverSleeps
· 01-08 03:44
This arc-shaped movement is indeed a bit fierce, but playing GUN with 10x leverage definitely requires courage. By the way, have you set your stop-loss firmly enough?
In the short term, this rally is indeed rapid. I've seen too many times where PIPPIN and JELLYJELLY follow the trend. Maybe wait for a correction before acting.
Risk control first, that's true. But when the opportunity really comes, how many can resist chasing?
There are many people chasing high. However, your thinking is still clear. So, what's your plan moving forward?
Good morning, planning to continue deploying a short position. Looking at the large arc pattern forming on GUN, the rally has been quite fierce, and such a situation is actually a signal of risk release. Planning to open a small position with 10x leverage to test the waters, with a stop loss set around 0.02415. If it hits, I will withdraw immediately and replan.
In this recent rebound in the crypto market, PIPPIN and JELLYJELLY are also following the upward trend. The short-term rally is too rapid, and a correction is still needed. Instead of chasing highs, it's better to find good sniper points and wait for a pullback opportunity to act. In such market conditions, risk control always comes first.