There won't be a market rise until all the long positions are cleared and prices reach their lowest point. ❤️🔥 ⏰
A large group of traders is stubbornly holding onto long positions and trying to sell off. The market won't stabilize until it takes away all the funds tied up in these positions.
If you try to cut your losses by selling at a lower price, the market will likely drop back to that level and trigger your sell-off. I've been warning about opening short positions, but it seems some haven't heeded the advice and are just talking without taking action.
As I mentioned before, cryptocurrencies like $ARB and $STRK could see significant gains compared to their current prices. Those who entered long positions without enough capital or refuse to accept losses may find themselves forced out of the market entirely.
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