$ACT is hard to trade. Entered short at 0.72222, and it has now dropped to 0.5. If my position were still open, I should have made around 2000U by now. The downtrend was very obvious at that time, but after entering the market, it reversed and surged (the yellow circle is my entry point). This is very frustrating, to the point where you start to doubt your own judgment. After cutting losses, it plummeted all the way down. Many people talk about similar situations. It's not just this cryptocurrency. If you want to go short, you can only endure and hold on; I experienced the same when I called out a short on APE yesterday.

So even if your judgment is precise and your vision is unique, it's still hard to profit from the snake's mouth. It's a torturous mindset. To be honest, I don't have that kind of patience either; who can just watch themselves incur hundreds of U in floating losses before they can profit? It's tough. Every time I share a short position, I have to add a note to hold on.

Current contracts are hard to trade, and these trading bots are like harvesters, pushing back the shorts and causing a slow decline. You can only enter during high trading volume. Watch the trend, set take profit levels, and don’t stare at the screen, as it greatly affects your mindset. Everyone can share their recent experiences.

When there's an obvious downtrend, everyone is smart enough to judge, but unfortunately, the manipulation is too sinister. Don’t be envious thinking others have made a profit; it’s really not like that. Even the experts I know, some very skilled traders, have been reflecting on frequent losses recently.

Now, even the shorts I’m optimistic about don’t dare to enter the market. Last night, I told my partners that the short trend was very clear, but I didn’t dare to enter. As for why, I specifically wrote this article to share.☕️

🔔 Let's stick to short waves, 🏄‍♀️ and practice our surfing skills.