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Short Maestro
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Well $SOL is magically pumping. I said I am done with this shitcoin, it's so manipulated. But some of you still wanted to trade it, and well that's how risk and reward works. The risk was insane. And this is the result. I personally shorted like 1% of my capital, because as I said in my last post I am already too busy with my $BTC long. I closed SOL short at a loss, don't have the energy to care. Just added every remaining fund to BTC. The reason why SOL is not worth your time is, because one group or person owns millions of supply, while controlling the buy/sell order. You can see in 1 min candle that when it pumps, sometimes the volume and live trades (amount in USDT) are so low, yet it somehow omega pumps. It's because whoever is controlling the market is just cancelling their sell order. They can also buy their own sell order... Plenty of other ways to control. HUH? How is that legal? It is legal on crypto. You do that on the stock market it's illegal. #ShortMaestro

Well $SOL is magically pumping. I said I am done with this shitcoin, it's so manipulated. But some of you still wanted to trade it, and well that's how risk and reward works. The risk was insane. And this is the result.

I personally shorted like 1% of my capital, because as I said in my last post I am already too busy with my $BTC long. I closed SOL short at a loss, don't have the energy to care.

Just added every remaining fund to BTC. The reason why SOL is not worth your time is, because one group or person owns millions of supply, while controlling the buy/sell order.

You can see in 1 min candle that when it pumps, sometimes the volume and live trades (amount in USDT) are so low, yet it somehow omega pumps. It's because whoever is controlling the market is just cancelling their sell order. They can also buy their own sell order... Plenty of other ways to control.

HUH? How is that legal? It is legal on crypto. You do that on the stock market it's illegal.

#ShortMaestro

إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
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#MarketSentimentToday 👉 Daily update for today's market trend ⭐Today is Memorial Day for the US. All US stock exchanges, including CME Futures is closed until Tuesday. So today is similar to a typical weekend market. The trading volume is low in general. ⭐There's not enough money to trigger any major pumps, interest rates are not going down anytime soon. Inflation is getting more controllable but still very high. We moved on to the subject of whether interest rates should be even higher or not. Before the discussion was about potential rate cuts soon or later. Now rate cuts are not even mentioned. Meaning this inflation was left unchecked for too long and most likely needs another rate hike to barely control it. This will cause massive economic crisis and stocks will crash (It is already in progress), people will be suffering from hyper inflation, there's no spare money to invest on some digital currency. These things only flourish when people have spare money to spend. Anyways... for the major cryptos 💰 For $BTC : Things are not looking so good. I am still shorting from $69330, and it seems like the dump is going to progress for a while. Bitcoin has failed to surpass 70k smoothly, was stuck at the 68k~70k zone for a while. There is no real incentive to buy Bitcoin at the moment. But it does not mean some doomsday, we were at 60k like, a few weeks ago. So a correction is necessary. Bitcoin will pump eventually, but it won't happen in a day. 💰 For $ETH : Same story as Bitcoin, except this thing had the massive ETF hype and that bubble is still there. So if ETH does start to dump, the correction will be more significant than Bitcoin. That's about it for today, if you bought BTC or ETH at spot, just hold it. There's no reason to sell as retail if you bought them recently. IF you are in profit already, then you might want to sell and buy lower. If you are long, then you should 100% do risk management. I mean, this is basics for any investment. #ShortMaestro
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