#PNUT
Good news: The main force is still operating, preparing for a larger rise.
Bad news: The main force is boiling the frog in warm water🐸
The direction is to short and close long positions. This time, the main force is clearly going to wash out the market. They aim to wash out retail investors to a point of despair. Basically, it's just waking up to a drop of 0.1. Every time after a spike, the main force will support with a few million in long positions for a while, creating a false rebound to trap more retail investors with a bullet stockpile. Later, they will use short positions to prevent retail investors from driving the market up. In this way, in a relatively vacuum price range, they are slowly boiling the frog in warm water.
The butt decides the head; I hope for a larger drop, and the longer the time goes on, the stronger the rebound will be. Now the altcoins have started to go their own way. Personally, I tend to believe that after this wave of washing in December, altcoins will have a high probability of entering their season in January.
The posts up to this point are based on the analysis of contract data combined with candlestick charts. Before coming to the crypto world, I also used candlestick analysis, but the environment is different. Compared to other markets, the frequency of contract usage in the crypto world is much higher. Not incorporating the analysis of contract flows means missing an important indicator, which has caused cognitive biases that have led many candlestick experts to stumble. If crypto friends are players who like to buy with their eyes closed, just pretend I didn't say anything.
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