I agree with him...
dyor
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Bang Azmi Crypto
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Not trying to scare you or FUD, guys.
Try to be more careful for the next 1-3 weeks for buy or long positions, reduce the size and keep holding some USDT to scoop the bottom.
Q. Why is that bro?
A. It seems that Bitcoin's dominance has dropped sharply in the last 3 weeks, I'm afraid there will be a temporary pump time in the next 1-3 weeks. And what's a bit scary is if BTC's dominance pumps and $BTC drops, altcoins could feel quite discounted.
Conclusion: Keep holding some USDT to scoop the bottom, reduce the size for long futures positions, and don't forget to always use stop loss on the futures market.
In terms of the big long-term trend, the market is still early bullish and the journey is still quite long, but there will always be something called a correction to take a breath so that it can fly higher (that's natural).
Try to be more careful for the next 1-3 weeks for buy or long positions, reduce the size and keep holding some USDT to scoop the bottom.
Q. Why is that bro?
A. It seems that Bitcoin's dominance has dropped sharply in the last 3 weeks, I'm afraid there will be a temporary pump time in the next 1-3 weeks. And what's a bit scary is if BTC's dominance pumps and $BTC drops, altcoins could feel quite discounted.
Conclusion: Keep holding some USDT to scoop the bottom, reduce the size for long futures positions, and don't forget to always use stop loss on the futures market.
In terms of the big long-term trend, the market is still early bullish and the journey is still quite long, but there will always be something called a correction to take a breath so that it can fly higher (that's natural).
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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