11.24 Market Reminder
The market collapse is imminent, but there are still many retail investors chasing long positions. There is no doubt that this group will be miserable in the future. The market greed index has reached an astonishing 93, the Ethereum single currency greed index has reached 98, and the Ethereum long position has reached 96%. What does this data mean?
It is possible that our wave of reaching the top will fail. Bitcoin will break through 100,000 and Ethereum will break through 3,500. After our failure, Bitcoin will lose 1,600 points and Ethereum will lose 98 points "because Ethereum lost 80 points yesterday" 😂, then we can only wait for the next high position to continue reaching the top. The current market is that laymen watch the excitement and experts see the doorway. Those who still think it is a bull market have indeed not been baptized by the market. The market liver explosion index is 100, and now it is 93. This is a terrible index.
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