I just realized that many retail traders are taking short positions at lower levels, which could become a problem if there's suddenly a pump. A short squeeze can happen quickly if supply is limited and forced liquidations occur. Actually, when looking at short positions near support areas, it's better to close them one by one rather than waiting until it's too late. Personally, I am more cautious about this because a short squeeze can cause significant losses within minutes. The key is not to be greedy; take profits gradually. How about you? Are you still holding short or have you started covering?

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