BTC surges past 9 k and short term threats are growing...
Short term positions are always most vulnerable when values are increasing or decreasing rapidly because that's when there's the most volatility. On the other hand, it is also when the most profit is to be had for people who are successful with their trades and in that sense it is a double aged sword.
It is truly a double edge sword because I could remember vividly when I was newly introduce to FX trading I usually trade on 5 minute chart with high lot size of which I use to gain more than triple of my capital and lost heavily at the same time until I developed the best strategies that works for me. This is also the same thing that happen in crypto currency trading if am not mistaken I have tried it before now.