#BTC重返10万

BTC has broken 100,000 again, hoping this time it can hit 120,000.

It seems everyone is discussing Sun's coin quite enthusiastically.

I will research BAN again.

First, this is a meme. When the chain rose to a market cap of 100 million, I bought a little but couldn't hold it; I sold everything at a market cap of 200 million.

Binance only listed contracts, so you can't buy spot.

Currently, the long and short forces of BAN are completely imbalanced, and it is estimated that it will continue to fall. The operators will not push the price up with so many longs in the market. The daily liquidation map indicates that around 0.086-0.088 is the liquidation point for longs.

Overall, the current price of BAN is not the bottom. I estimate that around 0.03-0.04 would be a good entry price. If everyone is optimistic about BAN, they can place a buy order at 0.04 to see if they can get filled. If not optimistic, they can ignore this coin; absolutely do not short.

It is a bull market now, and once the whales enter, it is easy to get liquidated.

Anyway, try to open fewer contracts. I even feel that the three times leveraged ETF for US stocks has a high leverage; in the crypto world, it is often 5 times or 10 times. Maybe I am just not meant to be rich, 😂