Let's talk about the viewpoint of #RATS in today's live broadcast 💡
Seeing a feature, the position volume and price trend are consistent, and the market action is very clear.
Bulls are closing positions, causing prices to fall
On this basis, I think it is the bulls who are cutting their losses
Usually when they close positions to take profits, they don't care much about prices, so the market fluctuates greatly.
When closing positions to cut losses, these locked-in long orders are often hesitant, and the speed of closing positions will be very slow. This is the characteristic at the moment, and it feels like a blunt knife chopping meat.
So under this premise, I think RATS will have stronger downward momentum in the future, because so far, bulls have not panicked, there has been no large-scale cutting of losses, and short orders have not actively entered the market.
If you enter the market according to your previous expectations, you can bring protection and hold on. Although this kind of negative decline is slow, it is very persistent. It is more cost-effective to wait for the accelerated market to appear and then take profits!