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ZenTrader2000
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A lot of people who did something like that DID get liquidated.
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📉 Crypto Pullback: Is the Selling Overdone? The current crypto selloff feels excessive to many market participants. While it’s normal for markets to correct after substantial rallies, several signs suggest this pullback might be overdone: 1. Rapid Selling Pressure Long-term holders took profits as Bitcoin approached key milestones, but the pace of selling seems to have triggered a domino effect, intensifying the decline. 2. Strong Fundamentals Remain Despite the dip, the fundamentals of leading cryptocurrencies like Bitcoin and Ethereum haven’t changed. Adoption, network upgrades, and institutional interest are still on the rise. 3. Oversold Indicators Many technical analysts point out that the market has entered oversold territory. Historically, such conditions have often preceded a rebound. 4. Macro Factors Stabilizing While the Federal Reserve’s hawkish stance impacted sentiment, broader market trends might stabilize as we move into 2025. This pullback may be part of a healthy market cycle, but the sharp drop feels exaggerated. What’s your take? Are you seeing opportunities to buy, or are you waiting for more stability? Let’s discuss! 💬 $BTC $ETH
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Crypto Crash: A Test of Patience and Strategy
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No way to tell how long the current rally will last or how much upside is left. My guess is the Trump inauguration.
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Good tips.
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