11.24 The Bitcoin pullback will cause altcoins to crash
Now is the time to start positioning for shorting altcoins, with light positions or diversified entries recommended, suggesting 2x leverage. This time, once there is a decline, it will be a severe blow to retail investors in the market, and it may even completely extinguish the desire for bullish entries or the funds for bullish positions.
We believe that Bitcoin will pull back to the position of 73,000, and this will happen without breaking 100,000. During this pullback, altcoins will be severely hit.
Of course, our viewpoint may also be incorrect and is for reference only, but do not blindly chase high altcoins.
If you haven't reached the peak yet and are holding shorts on Bitcoin, hurry up and enter the market; it is still at a very high position, so cherish it well.
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