I shorted anyway, I don't care, how much higher can it go? But when it falls, it’s bottomless, you go see how many altcoins plummeted 30%-40% tonight, can you still go long on dog? A rate cut, and altcoins didn't react at all, just a rebound, it hasn't turned from bearish to bullish.
Very dangerous, I feel that the current situation is just like that night of the 9th, it could plunge at any moment. If it's going to rise, why is it always a bearish candle? Look at Dogecoin, although it rebounded from the afternoon to 10 PM, it's still a bearish candle, there's no transition from bearish to bullish. If there's no one to take over below, it could plummet instantly, a drop with no bottom in sight. Friends, be careful, better to close long positions and open short ones.
What do you think of doge? It fell sharply this morning, giving people a feeling of falling below 0.365, but in the afternoon and evening, it began to rebound. Moreover, the main force likes to pull doge at night. Once it turns from negative to positive, the market may reverse. I was shocked today, but I felt something was wrong at night, so I still followed the traders to go long. I will see what happens tonight. At the same time, I remind you that the market can reverse at any time. Don’t blindly stick to one direction. If the situation is not right, open an order in the opposite direction.
Take profit when you have it, anyway it's always right to do so. Don't aim for big profits; earning 100u a day means 3000u in a month, which is much better than working.
LIVE
道友出征 寸草不生
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Bullish
Everyone can rest assured that there will be no pinning, and there will not be a significant pullback, at least not this week!! The upward trend is unstoppable; the more short positions there are, the more it rises. Even if there are many long positions, even if they exceed the shorts or if everyone is long, it still won't drop significantly at this moment!! The reason for the rise is quite simple: large institutions have reached a consensus to profit and exit in sequence. The old 3️⃣ will sell high first, and I will take over to support the market. Then, the old 2️⃣, it's your turn to sell high, and finally, old A will sell off to profit and exit. Therefore, the time for a significant drop is when all large institutions have exited their profits. Returning to the theme, the current upward trend and pullback range are very small, and then it will continue to rise. Why? The reason is still very simple! For those going long, as of now, it is all ultra-short-term! At most, it's like just drinking some soup, and you can't even talk about sharing the spoils!