Should we buy or sell at this moment?
This is truly a sensitive period, when no one can be certain whether prices will continue to rise or fall. However, from my personal perspective, this is when "market makers" will sweep liquidity in both directions, putting many investors in a difficult position.
Typically, if the market fluctuates up or down by about 10-20% (corresponding to x5 - x10 leverage orders), it is highly likely that within the next 24 hours, as FOMO spreads, the market will reverse and continue to sweep strongly in the opposite direction, with a range of 30-50% (targeting x2 - x3 leverage orders).
Currently, Bitcoin is up about 10%, but there are no significant news or breakthrough events supporting it. Therefore, I predict that it is highly likely that in the next 24 hours, the price of Bitcoin will sharply adjust from its peak, dropping about 30-50% to liquidate low leverage positions.
Let’s wait and see if this prediction is accurate or not. With over 4 years of experience in the market, I understand quite well how it operates.
Point to note: At this moment, Ethereum may be the coin leading the trend of the entire market.
$BTC
$ETH