Don't be deceived by the market anymore! Going long and going short are fundamentally different: using $10,000 to go long on ETH at $300, if it rises to $3,000, you can net $100,000; but using the same $10,000 to go short at $3,000, if it drops to $300, you only make $9,000—this is the core difference between going long and going short: the two are never a symmetric game.
The upper limit of profits from going long is infinite, with ETH increasing from $300 to $3,000 representing a 10-fold increase; whereas the ceiling for profits from going short is always 100%, even if it drops from $3,000 to $300, it is only a 90% decline. This simple mathematical logic, however, is overlooked by too many people.
Therefore, smart money always chooses to go long at low prices, rather than short at high prices. The upper limit of profits from bottom-fishing in a bear market is far higher than the potential from shorting at the top of a bull market. The biggest trap set for retail investors by the market is to make you feel that shorting is safe at high levels and going long is dangerous at low levels. But the truth is exactly the opposite: shorting at high levels carries unlimited risk, while going long at low levels truly represents asymmetric returns.