Will there be another big drop tonight? This may be the question everyone wants to know tonight. Will short orders continue to make profits tonight like the previous two days? Let Lao Deng analyze it for you!
Tonight is definitely a sleepless night. Lao Deng took a few hours of nap during the day when there was no market. The coffee on the desk has been brewed and he is ready to fight all night. Let's look at the picture below from Lao Deng. It was a screenshot taken by Lao Deng at 10:30 pm. The volume within 24 hours today is twice as large as yesterday. What does this mean? There are huge shorts lying in ambush, just waiting for a wave of decline 📉 profit! There is another situation that everyone should pay attention to. You can see that the most sold is the mid-order data. The real whale buy and sell orders are not as many as the mid-order. Pay special attention to the whale's reverse operation, because everyone is shorting and there is no counterparty. Everyone is shorting, who will make money? It is also necessary to prevent the bulls from inserting needles upwards.
Lao Deng will make a hedge order next. Those who don’t know how to hedge can read Lao Deng’s previous articles. Lao Deng’s short order this wave saw 59388, and the stop loss was set at 66000; the hedge long order was opened at 55961, and the stop loss was 55000. This wave of hedge orders is to prevent downward pins and then rebound immediately. Don’t follow Lao Deng’s long orders if you don’t accept losses, because Lao Deng’s short orders are still making profits. This wave of long orders is a move to test whether the shorts will continue to pin.
