Posteo

$SPCX short trade has turned into a painful lesson. I opened the short around 116.94 with 75x leverage, expecting a drop. Instead, SPCX kept climbing—from 116 to 139, then 147, barely giving any meaningful pullback. It eventually hit 149.47, currently around 146.92, leaving me with a floating loss of over 300U. I’m still holding the position. At the same time, I ran a 10x long grid strategy on SPCX between 100–250, with an average price of 134.31. I placed 80 orders with only 18U invested. The grid has made about 7.8U, while the short has lost more than 300U. Having longs and shorts on the same coin feels less like hedging and more like fighting myself. 😅 Meanwhile, $OKB jumped around 8% from 94 to 105, breaking out with strong volume. Mainstream coins are also moving steadily, but I’m staying out for now. $TRUST also surged about 14% from 0.05 to 0.063, but with only around 3.92M U in volume, chasing the move at this point feels like taking on unnecessary risk. I’m still holding the losing position and haven’t chased any of the coins that pumped. $SPCX already moved 30 points from 116 to 146. The bullish direction became obvious earlier, but I simply didn’t follow it. The trade is still open. I’m waiting for a suitable pullback to reduce the loss and exit. At this point, predicting the direction isn’t the priority anymore. What matters is how I manage and close this trade. #CPIEasesHikeBets #AIInfraFundingDiverges #StrategySellsBTCAgain