There are only three trends in the market.
The first trend is the volatile market, and both long and short positions can make money.
The second trend is the unilateral long market, and the longer the short position lasts, the more losses it will suffer.
The third trend is nothing more than the unilateral short market, and the longer the long position lasts, the more losses it will suffer.
At present, unless the bull market ends and the bear market begins, there is a high possibility that short positions will be liquidated.
Many people think that they should short, but the downward trend is obvious and it still cannot fall below 90,000, proving that it is still the main battlefield for bulls. The decline is just the escape of some profit-taking plates or the wash of the main force.
If you are a dealer, with the mechanism of contracts, it is actually much easier for you to pull the market.
You can do more contracts for the sale of spot profit plates, and use the money from the short position to maintain your own pull-up cost.
The higher you pull the plate price, the more floating profit you will have in your hands. When you jump several times the cost price, you will sell it one after another. Even if you encounter a black swan event, you can sell the remaining chips at half price and get a good return in the end.
This is why the higher the price is, the easier it is for the main force to sell. Of course, the premise is that your chips have popularity and value consensus. Otherwise, no one is willing to take over your chips, and you can only get the income of a contract in the end, while spot chips cannot be cashed out by anyone.
It is estimated that the price of Bitcoin will hardly be given below 8 chips, so I generally do not recommend Bitcoin for spot trading unless you have a lot of funds. If you have a lot of funds, you might as well invest in BNB. At least you can still pledge mining if you are trapped. From a long-term perspective, it is only a matter of time before Binance rises to $10,000.