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I would like to ask everyone a question about PEPE trading. I am currently encountering a situation where both long and short positions can make money, and I want to confirm if my understanding is correct.
My idea is as follows: Suppose you open a position at a high or low point, then during the price fluctuations, there will be phases where both the bulls and bears are making profits. Conversely, the scenario where both the bulls and bears are simultaneously losing should also be possible, right?
However, I also realize that this understanding might not be comprehensive enough, so I want to hear everyone's opinions to help me clarify my thoughts. Thank you.