Genuine question and not throwing any shade on anyone short in this market, I’ve never personally bought into any of the animosity between the longs and the shorts in trading - both are as valid as each other and a necessity of a well functioning market in my opinion. That said, as someone who is generally “long” in crypto I’d be interested to hear comment from anyone who is currently short in this let’s say for arguments sake, “bear market rally” - what are your primary reasons for being short here where it looks like there is solid pressure to the upside, pressure that has been here from the start of the year and with a groundswell of other factors that seem to be (albeit strangely) contributing to the bullish momentum (bank closures, US dollar loosing power - allegedly). Genuinely interested to hear any solid arguments why you are a seller at these levels and why you think a significant pullback will occur, and again let’s not make this a “long versus short” argument all positions in the market are valid as far as I’m concerned.
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