It's not that I'm taking the opposite position against my group friends; it's that I feel the timeline for listing on spot is really too long. If we truly want a long-term rally, we can't use spot listing as the final expectation, otherwise the moment of spot listing will definitely be the peak. Yesterday, my short position made 1.2M, but earlier I lost 600K shorting BTC and ETH at 94,000. Throughout this entire week's rebound, I didn't make money from the rally but instead made money by shorting altcoins at the peak. Even during a daily-level uptrend cycle, I can still make money shorting at smaller timeframes. In times like these, having no conviction is actually a good thing.
It's not that I'm taking the opposite position against my group friends; it's that I feel the timeline for listing on spot is really too long. If we truly want a long-term rally, we can't use spot listing as the final expectation, otherwise the moment of spot listing will definitely be the peak. Yesterday, my short position made 1.2M, but earlier I lost 600K shorting BTC and ETH at 94,000. Throughout this entire week's rebound, I didn't make money from the rally but instead made money by shorting altcoins at the peak. Even during a daily-level uptrend cycle, I can still make money shorting at smaller timeframes. In times like these, having no conviction is actually a good thing.