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Let's focus on Ethereum $ETH
A small hardcore fan asked me if shorting Ethereum at 2500 would lead to liquidation.
Is it safe or unsafe?
1. The 2500 level is definitely unsafe; although there will be a sell-off later, it is not a resistance level.
2. Ethereum's resistance is around 2680 to 2750; currently, it is still in the rebound stage, so the probability of liquidation at 2500 is still high.
3. When trading contracts, don't be too greedy. If the trend looks bearish, you can completely raise your liquidation price, even if it means earning less. Safety always comes first, family.
4. Follow me, leave your questions in the comments. If you have any issues, the teacher will notify hardcore fans immediately. 🥰