LIVEAfter BTC fell below 62500, the dividing line of bull and bear markets, it is just down a little bit fell for 3 days. Its drop just like cutting meat with a blunt knife,which makes a large number of long sellers be trapped again‼ It turned out that 200,000 people suffered a liquidation for the three-day slow dropping ‼
Have you heard such a statement made by a so-called analyst that the bull market will come back during the rebound of BTC this time, and let you buy stop⁉ However, it is a big mistake to call for buy in leading to huge floating profits and call margine after suffering floating loss during the slight decline for 3 days. Therefore, it is a stupid operation to continously go long and keep call margine for suffering a loss when the downward trend is not over. This will make you more passive in the market trend and either you will suffer huge losses, or you may expect the rise to bear the risk of liquidation. Even if it rises, others make money and you can't sleep every day for getting release from the market trend. Do you feel comfortable?
We opened short position at 65200, which is the dividing line of bull and bear markets. At the same time, we have mentioned the 3220 pressure zone and 3160 pressure zone of ETH many times. We have made a profit from the situation where the bulls and the bears declined in the same time in the marke.
Excellent teams can make huge profits and win the trust and hearts of followers. The team of chief trader will publish market analysis and predictions with accurate points and directions to fans for free every day, We will not take advantage of fans to make money and deceive our fans. What I really want to do is record my journey to becoming the best trader in the cryptocurrency circle. I hope you can join us along the way.#BTC_MARKET_UPDATE #May2024Battle #HongKongCrypto
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