📊｜Please note⚠️The bull market is inducing a sharp drop again
📌This combination of dog dealers first uses the CPI positive news to kill a wave of shorts, then pulls a little to let retail investors see the hope of rising, so they enter the market to do longs, and then cooperates with Lao Bao's perfunctory speech to smash the market. The retail investors on both sides of the long and short sides are killed to death
🔻Who is the dealer? In fact, the main operators now are institutions, the wolves of Wall Street.
They are eyeing the official trading of ETH spot ETF next month, so their purpose is also obvious to smash the car lightly and wash out retail investors.
♦️What we have to do is to stick to our own trading principles. Spot brothers should not be affected by it and hold the coins in their hands. And the contract partners should stop loss when they should stop loss, and stop profit when they should stop profit. How to set stop loss?
The most used method is the position stop loss method, which is set in combination with your total position, and set the stop loss with the value you can afford to lose and the loss you can accept.
🔻Now we need to focus more on $ETH and keep an eye on ETH's support at 3400. Once 3400 is lost here this time, we must be mentally prepared for it to fall back to 2800
