📈 Bitcoin pulls up, but other currencies follow suit and fall? You need to understand the logic behind this!
As soon as Bitcoin ($BTC) pulls up, many small currencies fall instead, especially $PEOPLE, which leads the decline and has already gone out of a 300-point downward trend! Why? 🤔 It's simple. When large funds flow into Bitcoin, other small currencies will face capital withdrawal, especially for currencies with smaller market capitalization like $PEOPLE, where funds are more likely to be withdrawn.
📉 The truth behind $PEOPLE's lead in the decline?
$PEOPLE has now entered a clear downward channel, and a dead cross has appeared in the technical form📉. This signal is very clear: the market selling pressure has increased, and the short-selling force has gradually taken the lead. Brothers, remember, the key to doing contracts is to understand the trend, pressure level and support level! When you find that a currency like $PEOPLE is already in a clear downward trend, decisive shorting is the way to win! ⚡️
Follow the trend and go short without hesitation! In this case, going against the trend will only increase the risk📊. Only by following the trend can we seize opportunities in fluctuations!
