Important signals are coming

Focus

Yesterday's big drop revealed two signals:

1. A certain big investor was liquidated.

2. Bitcoin's buy orders in the 54000-55000 range and Ethereum's buy orders in the 2890-3030 range were digested.

This is likely to be a big short.

The significance of digesting buy orders is that there are no buy orders in the middle, and the next time it falls, it will be smoother.

If it continues to fall in the next two days, there is a high probability that a new low will appear.

Therefore, there is a high probability that the "meat grinder market" will come out in the past week. Please be sure to bring a stop loss, and absolutely do not resist it. For orders opened near the previous low, you can prepare a "protective stop loss" to lock in the minimum profit.

In the next week, there may be frequent surges and plunges without signs.

Both the long and short sides are not necessarily safe.

Bring a stop loss, bring a stop loss, bring a stop loss. (Important things are said three times)

For spot near the previous low, just lie down and watch the show. Reduce operations. If the price drops to a new low and the gap with the current point exceeds 5% (mainstream coins), then cover the position. If the price of small coins drops by more than 20%, then cover the position. (Or cover the position when it hits the bottom).

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Don’t play fake 👇 Look at the real data

Oscar (OSKS) contract

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