Market Review đ§
Dear followers, it's crucial to differentiate between hope and reality. Currently, the facts point to a significant downtrend for various reasons. For instance, a notable whale recently offloaded 4000 BTC. Additionally, as mentioned before, market makers aim to liquidate millions of dollars in futures positions. Consequently, pushing the market down will result in the liquidation of long positions, while pumping it up will affect short positions.
Therefore, USDT has become the reigning king. It's advisable to sell and preserve your funds, then consider buying back in a few days when prices are expected to be lower, possibly around the 24th or 25th of this month when the market shows signs of recovery. The whales currently selling are likely profiting from their earlier purchases when prices were lower. For instance, a prominent whale sold 340 M BOME tokens yesterday, securing over 3 M dollars in profit, despite the price decline.
Remember the golden rule: Buy low, sell high. Wishing you all the best! đđ»đ°đ
#HotTrends #BTCđ„đ„đ„đ„ $BTC $PEPE $BOME #Write2Earn⏠#FuturesLiquidations
