$BTC$SOL$ETH I bet this market will warm up, heavily holding long positions, but the market kept going down, all three long positions got buried, and the road to break even became especially long.
Currently holding three long positions in SOL, DOGE, and ETH, let me show you the real-time positions.
SOL long position, full position with 100x leverage, opening average price 107.87, current price 105.61, position size 39077U, unrealized loss 821.01U, return rate -210.10%. With 100x leverage, even a slight market drop quickly expands losses.
DOGE long position, full position with 10x leverage, opening price 0.09071, current price 0.07971, unrealized loss 1132.98U, loss 121.31%. The coin price keeps dropping with no sign of stopping.
ETH is also a full position 100x long, opening average price 2594.23, current price 2434.1, unrealized loss 2256.55U, return rate -617.25%, the worst loss among the three.
My response plan: once the market rebounds, prioritize handling the ETH position since it has the highest risk, reducing the position in batches during the rebound. Look for opportunities to reduce leverage on SOL, continue to observe DOGE, gradually lowering account pressure.
This time I deeply realize that heavy positions with high leverage cannot stubbornly endure a downturn. I want to ask everyone, facing these trapped long positions, what would you choose? #InstitutionalFundsWeakening, WhoWillSeeReturnFirstBTCorETH?
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