Post

BullRiderPK
BullRiderPK
When I opened the $SPCX short at 116.94 with 75x leverage, the thesis was simple: I expected a pullback. Instead, price kept grinding higher with almost no meaningful retracement: 116 → 139 → 147 → 149.47 Today, $SPCX reached a high of 149.47 and is currently around 146.92, leaving the short with a floating loss of more than 300 U. At the same time, I was running a 10x long grid strategy on $SPCX between 100 and 250, with an average price of 134.31, 80 grid orders, and only 18 U of capital. That grid has generated roughly 7.8 U, while the short has lost 300+ U. On paper, holding opposing strategies on the same asset might look like hedging. In reality, it feels more like fighting against myself. 😅 Meanwhile, $OKB has continued its strong move, climbing roughly 8% from 94 to 105 on solid volume. Major coins are also continuing to grind higher, but for now, I’m staying on the sidelines. $TRUST also jumped around 14%, moving from 0.05 to 0.063, despite only around 3.92M U in trading volume. These small-cap pumps can look extremely tempting, but chasing after a move has already happened can easily turn you into someone else’s exit liquidity. Sometimes the smartest trade is simply not chasing. #CPIEasesHikeBets #AIInfraEarningsWatch

Disclaimer: OKX Orbit content is provided for informational purposes only. Learn more

Replies

No comments yet. Be the first to reply!