What is meant to come will come. Yesterday I mentioned the bottom of the second test. This time it may stabilize in the 162-164 support range, but it could also drop further. As I often say, if you want to hold this coin, it’s best to hedge against liquidation price. It’s a coin with significant volatility. Although the upward trend hasn’t appeared for a while, it is likely to come soon. A sudden drop can cause panic, which is a good method for adjusting the long-short ratio. After all, everyone knows the long-short ratio is too outrageous, but most still open long positions. A big surge is definitely on the way, and it won't be the usual kind. When has there ever been a big surge without a sudden drop that you could chase after? Like tonight, it suddenly surged in less than an hour. It's best not to open any more positions or try to open a short. Remember, when others panic, I am greedy. Stop-loss must be set very low; be careful not to wake up to zero 😆
I believe that extremes will turn into opposites.