Shorting altcoins in a bearish market sounds reasonable— as long as the Margin is sufficient, getting liquidated shouldn't be that easy in theory. According to this logic, from now until next year, as long as Bitcoin falls to 60K-50K, making a profit will be as easy as picking up money.

The problem arises. What to do when faced with those stubborn opponents who refuse to let go? It's now common for the funding rate to soar above your Margin. Many whale players from a leading exchange and large players from decentralized exchanges have fallen victim to the crazy fees. When going head-to-head with the market makers, there are usually no winners, and the probability of self-harm is even greater.

So there must be a bottom line - it can be a capital limit or admitting defeat when breaking through a certain key high point. You might win 9 times, but if you get caught once, that feeling is really unpleasant.

From a technical perspective, Ethereum found support at 2770U during this round of pullback, similar to Bitcoin's retreat to 84K, with a probability of breaking to a new low being around 30%. Now that ETH's stage low has been confirmed, it is entering a rebound cycle, expected to fluctuate widely in the range of 2700-3500. This trend may last for 2-3 months starting from November.