The entire market is burning, but is it over? One way to fin | Short Maestro on Binance Square

Trending Articles

Bookmarked and Liked

--

Bearish

The entire market is burning, but is it over? One way to find out. I am still shorting everything. Lets go!!
#ShortMaestro $BTC $ETH $SOL #Doomsday 

1 people tipped the creator.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.

BTC

60,407.69

-0.76%

ETH

2,612.22

-2.69%

SOL

154.33

-1.73%

973

0

Replies 5

Explore the lastest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Japanese_Goblin

Explore More From Creator

I would advise every futures traders to stay away from any major trades for now, $BTC just did a random omega pump from 56k, where after a rebound to 57k, it was going to a slow reversal downwards. I was seeing it live and the order book was crazy. Millions of dollars just going through in half a second. The pump happened in a single 1min candle, totally saving BTC from the slow decline and forcing it to 62k. And remember we just had a dump from 61k to 48k. This market is not normal, there is something behind that we cannot see. Us retail are being fooled, I anticipated a zigzag but not this much. And it will just crash all of a sudden again, like last time. I am not saying you should go all in short right now, I split short entry from 54k to 59k but not anything big. I am probably not going to add more, this market is not worth it. Both longs and shorts are going to get wiped at this point. Also the legitimately of USDT is really concerning. They are giving money to private organizations and they have no audit to prove their 1:1 ratio of USDT:USD. And every time they send money market is always volatile. Coincidence? #ShortMaestro

--

$BTC will probably pump but it will be a bull trap, still it will pump slowly with low volume then dump again, just like the recent crash. People fall for it all the time, they FOMO back in, or just idk, keep buying with zero regards to fundamentals or current economics. But that's how real traders can make money, so the plan for this week: 1. Go long with tight stop loss and profit from FOMO pump, and exit quickly. 2. Open a short position, but split your orders from 56k~59k and go max 5x levereage. Obviously have spare margin so your liquidation isn't even possible. Bitcoin will most likely dump again, probably below 48k next time BUT in the process the zig zag will liquidate everything, unless you play safe. Sure, if you go 50x now and Bitcoin drops to 50k immediately, you make a million dollars, but let's be real it's not happening. There will be random pumps, or the slow pump might last a lot longer than expected. 3. Stock up on money and buy treasury bonds: When the real crash comes, and actual recession starts, there will be deflation and money will be very valuable. Everyone will want money, and everything will be for sale. Then you buy, real estate, stocks, crypto, whatever. Also if you have loans right now, it will be even harder to pay in deflation, as the true burdens of loans will increase as money is more valued. If you have mortgages and still invest in crypto, you will lose that house. And someone else will buy it for a lot cheaper. That's it stay safe don't gamble and don't expect any miracles because it's not happening. Oh and if you are STILL buying shitcoins then there is no hope for you. Humans have brains so they can learn, if you make the same mistake over and over again well that's either insanity or stupidity. #ShortMaestro

--

To predict the upcoming market trend, let's look at some of the current situation: 1. Middle east war, << This is blamed for market dump but lmao no it isn't. People always find something to blame when they bought the bubble and these guys have been fighting for more than a decade. It's nothing new, but it's an easy narrative to sell from the media. Media is also a business, they need views. You won't be popular if you say it's the investor's fault for making some shit investments. Rather, say it's not their fault, someone else has to take responsibility, you are a victim, etc... anyways, moving on 2. FED Rate cuts: There has been an emergency meeting after market crash, yes. But did they say anything about a rate cut officially? No. As always, it's the ones who don't get to decide the rate cuts that are making it like a fact. Example is again, most of media, articles. Powell has explicitly stated, FED does not get swinged by politics, and interest rates will remain until 2% inflation. But then he said they won't wait until 2%, but a lot of people thought this means an early rate cut. Here's the thing, he never said "not waiting" is a rate cut. It could be a rate hike too. If inflation is not quickly adjusted, then even higher rates in a short time frame would be more ideal than dragging this out. Also, he said the FED's job isn't to make the market feel comfortable. It basically means the FED's policy doesn't care about investor's losses, inflation and its consequences are far more important than retail gambling on the market. And after all. the market pumped even with high interest rate for years, and dumped without any changes to rates. Usually the market can't do so well in these rates, but it did. and it kept going. That's a bubble. There is no obligation from anyone to save investors from their losses from contributing to this bubble. Even if rates are actually cut, there won't be substantial changes. Everyone is in debt, deliquency rates are peaking, these debts have to be paid before taking any more. #ShortMaestro

--

56k~ 59k seems like the point for reversal. After the big fat dump of yesterday which everyone knows, the rebound was expected and this is probably the zone. Nothing has actually changed to somehow reverse this downfall fundamentally, therefore I don't expect some magical pump beyond this point. So if you had a long position at the dip yesterday, now is probably good to take profit. And as always go low leverage, we just had a -13k dump and then another 8k pump. This is a big zig and zag, GO LOW LEVERAGE. You will not survive no matter what button you click unless you go low risk. #ShortMaestro $BTC

--

Did you know? Warren Buffett sold most of his stocks weeks before market crash. He was being paid millions per day with his apple share dividens but decided to liquidate everything even while the stocks were pumping. He would rather give up potential profits and follow his no. 1 rule, never lose money. Totally the opposite of most crypto traders. There is a reason why his company is printing money with his lead, at the age of 93. #ShortMaestro

--

Latest News

Ethereum Network Gas Fees Drop to 1 Gwei

--

Solana Telegram Trading Bot Trojan Reaches $6 Billion in Total Transactions

--

Curve Finance Reports Increase In veCRV Token Locking

--

Address Loses $69,154 Due To Phishing Transaction Approval

--

CoinGlass Reports Disappearance Of $800 Million BTC Futures Sell Wall

--

Cookie Preferences

ba-one-trust-cookie