@Dragonhau66 The sideways movement is indeed frustrating. That sudden spike in the early morning wiped out my entire position. But if you're talking about shorting on the upside, I think we need to see if it can hold above this level first.
@Dragonhau66 That sudden spike in the early morning was really sharp. Several of my friends who trade contracts got itchy and opened positions during that narrow trading range, only to get burned on both sides. How long do you think this sideways movement will last before it chooses a direction?
@Dragonhau66 The sideways trading is frustrating; those who are itching to trade will end up getting precisely wiped out in the middle of the night.
The market is still choosing a direction.
@Dragonhau66 That sudden price spike in the early morning was really brutal; several people around me who trade contracts lost money. Sideways trading is even more painful than a crash. Do you think the next step will be a direct pump that wipes out the shorts or a continued slow decline?
@Dragonhau66 I estimate the probability of it going down is still higher, but there will be a week or two of fluctuation, testing the downtrend line. Anyway, 67 is unrealistic.
@Dragonhau66 I didn't pay much attention at first, thinking it was just narrow-range fluctuations and sideways movement, but after reading this, my perspective has changed.
@Dragonhau66 It's not hard to understand that an upward rebound would wipe out the short sellers; the difficult part is how the market will recover afterward.
@Dragonhau66 Goodness, this sideways trading is even more agonizing than a crash; it's practically burning out my CPU! 🤯
I know it's a trap, but my hands just won't cooperate; I get slapped on both ends as soon as I enter. So, should I continue to suffer, or just give me a quick end? 😭
