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Why do people insist on shorting this kind of thing? Look at the weekly chart, it's a gradual upward trend step by step. If you don't execute your short positions well this time, you'll really push yourself over the edge, and in the end, it might be a complete wipeout.
Don't follow the crowd into action, especially when a bunch of people are all going against the trend—that's when you need to be more alert. Even if you do manage to short at some point, in the context of the weekly upward trend, there's a high probability of a deep pullback followed by continued upward movement. The problem is, by then, your mind has already been occupied by bearish thinking, and forming this mindset is basically a self-fulfilling prophecy.
I saw a friend in the community say they've already lost 10,000U on shorting ZEC, which is really outrageous. Why not use that 10,000 bucks to accumulate some Bitcoin and have a safe winter? Why gamble on a possible correction when the weekly chart is still rising?
Many times, losses aren't due to incorrect analysis but because of a collapse in mentality. Once a one-sided mindset takes hold, you can no longer see where the real opportunities are. Instead of frequent trading, it's better to learn to hold your position honestly during the established trend.