$BTC $ETH $pepe
Lastly, one more thing, for those who are stuck in long positions, do not add more to your position. Hold both long and short positions, but do not let the funding fees drain you. A bunch of KOLs at the square tell you to add to your position during a pullback, don't listen to them. For now, hold both directions to lock in your losses, and when the price drops, reduce your position by half. During this time, do not let the funding fees drain you.
There are still over 140 million long positions at the btc8w5 level, we just need to drop about 5 points to reach that. Don't easily add to your position and then get stuck in both directions. That's it, if you want to go long, play guerrilla warfare. Also, in December, if interest rates are not cut, think carefully about whether you can handle the bad news while still holding on to long positions.
The attitude remains bullish, a correction is expected, but the question is whether you can withstand this correction. What if interest rates are not cut in December, can you handle it?
Find ways to lower your liquidation point.
Here are the methods:
1. Hold both long and short positions to reduce funding fees.
2. Reduce your position at suitable levels.
3. Do not blindly go long, set a stop loss if you must.