Positioned 25x short and I'm reading this as a classic bull trap setup. The price action looks stretched, and that rally feels more like a relief bounce before the next leg down rather than genuine bullish momentum. Charts suggest weak confirmation across the board. Keep your stops tight if you're holding shorts here—this could get messy in either direction before it settles.
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ServantOfSatoshi
· 10h ago
It looks like a short position, but can this rebound really be crushed? Feels like the risk is really high.
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GateUser-afe07a92
· 10h ago
25x short position, this guy is quite bold. By the way, is this rebound really just a temporary bounce? It looks quite like it to me, feels like a trap to lure more in.
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DegenGambler
· 10h ago
25x short... Bro, that's a pretty aggressive move. I'm just worried about that kind of "reverse harvesting" situation—getting squeezed out and it being really uncomfortable.
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Layer2Arbitrageur
· 10h ago
nah this is just weak liquidity cascading through the orderbook. actually ran the numbers—if you map the gas consumption during that pump against the bridge volume, there's a clear MEV extraction window someone's about to exploit. you're leaving basis points on the table not accounting for that volatility smile
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digital_archaeologist
· 10h ago
25x Short? Bro, that's a really aggressive move, but I think your reasoning is indeed valid. The relief bounce part is well explained — it's the trembling before the bottom, which can easily deceive people into entering the market.
Positioned 25x short and I'm reading this as a classic bull trap setup. The price action looks stretched, and that rally feels more like a relief bounce before the next leg down rather than genuine bullish momentum. Charts suggest weak confirmation across the board. Keep your stops tight if you're holding shorts here—this could get messy in either direction before it settles.