ALL OF THE SHORTS AND LONGS ARE BEING FLUSHED BY $BTC SIMULTANEOUSLY!
This month, there have been a lot of short and lengthy flushes, and Bitcoin has handled them all. In a market that is extremely volatile, shakeouts like these are fairly common. Let's get right to the point. Traders with excessive leverage and irrational risk appetites will undoubtedly be shaken out of the market. Most significantly, because during this period, both longs and shorts are being shaken out. Many people will get perplexed by the market's true trajectory.
However, in order to combat situations like these, we have already established a few guidelines and tactics that we will adhere to.
It's very easy. Observation, patience, and finally, response. When properly implemented in the current market environment, these three steps will give people who follow these straightforward guidelines and tactics a sense of relief. For those who are experiencing it for the first time, the reality of entering situations like this when the market is still undetermined will undoubtedly be surprising. Regarding people who have spent too much time on the market. The cycle is already normal.
Stay wise, trade cautiously.