Bye guys, i leave you 🚩 Maybe im need more strategy financial and don’t trade futures while working 👀
Today im trapped $PNUT with short position, then my decision goes wild. I trapped with this coin because some my usdt already sold (im buying market stocks), and i forgot my another dollar (fdusd) still on stake earning 🤣 so yeah, really bad luck
See ya next cycle✨ maybe i never touch futures again, lol Greetings from Indonesia 🇮🇩
Do you remember that altcoins tend to outperform Bitcoin once its price is above its peak? This means we’re likely approaching a significant correction in Bitcoin’s price soon.
This is also indicated by the trader position ratios on Binance (0.7) and OKX (0.58).
And don’t easily trust others’ predictions about certain coins reaching a specific price, like $2. I clearly remember when many were saying $XRP would reach $2 or $1.4, but it never did. These people just want others to buy so they can sell—this is called exit liquidity. Now they are selling $DOGE and said $PEPE indicate fraud(?)
Especially when they present data from TradingView, they’re only showing potential percentage directions. Just look at $TURBO or $BIGTIME, which are still at last month’s bullish prices. Trust your own analysis; no coin rises without corrections.
Do you remember that altcoins tend to outperform Bitcoin once its price is above its peak? This means we’re likely approaching a significant correction in Bitcoin’s price soon.
This is also indicated by the trader position ratios on Binance (0.7) and OKX (0.58).
And don’t easily trust others’ predictions about certain coins reaching a specific price, like $2. I clearly remember when many were saying $XRP would reach $2 or $1.4, but it never did. These people just want others to buy so they can sell—this is called exit liquidity. Now they are selling $DOGE and said $PEPE indicate fraud(?)
Especially when they present data from TradingView, they’re only showing potential percentage directions. Just look at $TURBO or $BIGTIME, which are still at last month’s bullish prices. Trust your own analysis; no coin rises without corrections.
An unusual movement was detected in $DOGE , where it bounced back to yesterday’s price. This indicates that the current market is experiencing sensitive volatility. Following this, I conducted research on traders’ decisions, which revealed a low in the proportion of long positions.
On the other hand, there are sentiments related to geopolitical tensions, such as the death of a Hamas political elite in Gaza, and the closure of a key connecting road between North and South Korea. Therefore, Bitcoin has the potential to experience a correction.
Bitcoin price prediction related to a fakeout at 64,000 followed by a drop that broke through the 60,000 support level has been completed✅
And now price standing at 58,900
What I want to convey this time is that altcoins, on the other hand, are showing relatively strong prices ($TAO , $SUI ), suggesting that retail traders are currently optimistic despite the market being in a Fear level.
The trader decision ratio (Binance & OKX) for long/short positions has also increased to 1.824. However, overall, the ratio has sharply declined to 0.923.
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Today, $BTC has shown slow movement, and this rare increase in volume seems to have no significant impact.
I assume that Bitcoin may reach the 64,000 resistance level, and then fake breakout, causing it to fall to its psychological price of 60,000 and then drop to 58,000.
This is due to the ongoing escalation of global conflicts, and I personally believe that the issue of a rate cut will be addressed at the end of November rather than this October, as the U.S. dollar has not shown a significant decline at this time.
Today, $BTC has shown slow movement, and this rare increase in volume seems to have no significant impact.
I assume that Bitcoin may reach the 64,000 resistance level, and then fake breakout, causing it to fall to its psychological price of 60,000 and then drop to 58,000.
This is due to the ongoing escalation of global conflicts, and I personally believe that the issue of a rate cut will be addressed at the end of November rather than this October, as the U.S. dollar has not shown a significant decline at this time.
You need to look more closely at the current price, because once again, $BTC price can be significant potential profit or loss comes from how you analyzing potential reversals or pullbacks in conditions of price.
Referring to the growth of margin debt data, it indicates market uncertainty/bias (wait and see). Meanwhile, the long-short position ratio shows a high number of short positions, which means lots of traders expecting the Bitcoin price will drop.
I’m not here to provide signals, just sharing information based on the data I’m reading at the moment.
I think we need to be cautious in trading at the current price level. First, we need to recognize that the 60,000 support area is a psychological level that could push Bitcoin down to 58,000 or significantly up to 62,000. Earlier this morning (for the Asian region), I conducted an analysis using the exponential (99), and the good news is that BTC rejected a breakout area (a false breakout that may have caught short traders off guard at the time). The price then attempted to break through the 61,000 resistance area and held for 10 minutes.
Don’t forget, it’s much better to perform a more risk analysis. Since the market is biased, both long and short positions still face the risk of liquidation.
Many people lose when they see the price of a coin skyrocketing and immediately short it without analyzing the any trader position. Simply, when a coin surges, it's a sign that people are buying it. If you haven't thoroughly analyzed when those buyers will sell, never take a short position, as the price will move against your expectations.
The market is currently more in a sideways condition, with participants tending to wait and see due to various global economic factors, such as the impact of Israel's "Lebensraum" war escalation in Lebanon.
This is why some positions are likely to go against your expectations. Right now, trading with sound analysis, controlling your emotions, and avoiding rash decisions is crucial. I have experienced this before, where I ended up wasting time in the market as my profits were eroded by small and consistent losses. #BinanceLaunchpoolHMSTR #BTCPredictedNewATH
If no one is shorting, the price will go back up $BTC Another indicator is that the prices of $SUI, $WIF, and $WLD tend to not experience significant corrections.
#BIGTIME/USDT is a freak game project, yet its price has skyrocketed out of logic. If I were you, I wouldn’t touch this coin. From a functional aspect, this project seems like it’s going nowhere, just a monotonous game for nerd people who never touch a grass🙄
my altcoin stuck with eth networks because run out gas fee, i bought some eth but withdrawals with eth network are extremely expensive, there is any solution? 🙃