🚨What the hell is going on!??? 🫣
Hey guys 👋🏼 let me explain what’s going on behind this massive dump we’re seeing.
If you were following me for the past week I anticipated #whales would be pumping up the price of major coins for these 2 reasons:
Reason A: to get liquidity from short positions by increasing the price most positions who were leveraging 5x + were pretty much liquidated 😱😱
Reason B: when the prices go up most of us think hey we are heading to an all time high so… you’d normally open a long position to “go with the market” well most chances are that many of you were liquidated in the past 24hrs 😓
This is why I was advising for everyone to trade with low 1-5x leverage because in this volatile market even 10x is highly risky.
I know many of you have criticized my previous analysis stating I was completely wrong.
Well.. time has passed and you can all see the results.
For everyone else who followed and made profits keeping everything I said this past week, you’re welcome 😉💰
Stay tuned and follow for more insights ☝🏼☝🏼☝🏼
