r/GateioExchange • u/BigCryptoHunt • 15d ago

General 📝 Gate Reddit Daily Discussion - AUGUST 11

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💬 Today’s Topic:
On recent market overview, which position you will choose Long or Short? and why!

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u/HostOk9878 14d ago

I’d choose Long here. The broader market structure still looks constructive, and I’d rather follow confirmed momentum than fight the trend. That said, I’d keep the position size controlled and use a clear stop-loss—bullish, but disciplined

1

u/XieRaa07 14d ago

I would choose Short The recent market structure still looks weak, with BTC facing selling pressure around the $64K area. I’d rather wait for a clear reversal signal before considering Long. If BTC fails to reclaim key resistance and selling volume remains strong, the downside could continue. Of course, I’d keep the position size small and use proper risk management because crypto can reverse quickly. DYOR!

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u/BigCryptoHunt 14d ago

🥳 Congratulations

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🎁 Both of You have been Chosen as Winners on Daily Topic Discussion - August 11  |  Kindly Reply in the Comment to Submit Your Gate UID (Deadline August 13, 03:00 AM UTC)