Based on my recent analysis, if the price of this coin drops below $40k, it may sharply descend to the $35k area. However, at this moment, I cannot make a clear prediction about the current movement of the market. It is not advisable to enter a short trade at this point in time since the market has been fluctuating within this zone for the past 12 hours. To stay updated with price movements, please follow our page for future updates.
My advice for those interested in taking a position is to only use 20% of your capital for a short position and avoid using cross margin. Instead, only use isolation with a leverage of 10x. This is a safer option due to the current lack of movement in the market. It is important not to rush into the market to prevent financial loss.
I will continue to keep you updated with any new information that may come up later. Please check out our channel for more updates @xcostrade. If you found this content useful, please give it a like and feel free to leave a nice comment.
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