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Note · Apr 12, 2026 · 6m read

Why long trades and short trades aren't mirror images.

Bitcoin doesn't move up and down the same way. Long winners and short winners have different shapes, so our exit logic adapted.

Upside drifts, downside snaps

Long trades often paid through continuation and patience. Short trades more often paid through compression breaking, forced selling, and quick liquidity gaps.

So the desk stopped treating short exits as a flipped copy of long exits. Shorts need faster confirmation and less forgiveness after the first target.

Exit rules are directional

Longs can survive shallow pullbacks when spot flow keeps confirming. Shorts are punished when funding cools and bids rebuild under price.

That distinction now lives directly inside the exit logic: different trailing behavior, different invalidation checks, different patience budgets.

Read how the desk handles exits for the full picture, or the primer on bitcoin perpetual futures for why funding behaves this way.

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