I opened a $FET long using 10X with stop loss
The Market Downturn happened because Japan raised interest rates. That means people who borrowed Japanese money YEN at 0% interest, and got stocks with the money they now sold the stocks and are buying YEN to pay back their loan. This is called the Yen Carry Trade which many big investors do.
So, there is no technical reason for Bitcoin to drop so much. And this is a good time to DCA. Also why I entered a long now.
Trade safely!
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