Joined binance in 2017as a trader, just learnt one thing if today is a good day tomorrow will be a bad one and if today is bleeding tomorrow it shall be green
If you see a fall in a bullish market that's a bear trap protect you positions and use stop-losses, we are seeing a bounce and anticipate a higher high after higher lows has been established ... don't panic sell you holdings you are providing discounts and trading emotions make you do it... I alway emphasis this and avoid future trading in volatile market , use it when market moves sideways...when a market is on rise fall doesn't come sooner but after a while and catches you off-guard, a sudden pump and dump is indication of reversal we haven't seen 90+ Rsi move which is massive and lightening ... once we get there you can make such decision and the reversal probability gets high... anticipate a red after a green move and anticipate a green after red... market is here but sadly many traders are not ..
What we gained of all this ETF hype, our gains were slammed by SEC and btc derrivative are getting volume...all hype for months and we got a climax which was not expected...and we call it a win which doesn't feel like so.. but if it were to be denied you would have seen a spike broken your floor😆
this reality check was necessary otherwise alts would have bled to death... fomo could have taken liquidity out of alts to btc i don't see this event as bad.. but wise
Why BTC is down apparently some say its correction but fact is something happened and somewhere someone is selling and we have southXchange ceasing its operation though it won't affect the prices much it's not a famous one..#BTC as far as etf is concerned remember whatever movement it posses won't be sustainable because it will be driven from emotions...if get profits don't loose them by greed if you have losses control them with stop-loss
if all this would have happened on the day when ETF was supposed to be approved or not all this mess was comprehendible...but such reaction over media report ... which itself is a speculation.. fact is many trading souls have departed I am still here for days as such... today is a bad news tomorrow would bring a good news thats why stay present in order books #BTC