March 9, 2020
The US stock market announced the first circuit breaker, and the market ushered in a big plunge again. ETH
Falling from $210 to $190, a drop of 10%. BTC fell from 84 million to 77 million, a drop of 8%.
After two consecutive days of plunges, the air force was revelry, and most of the air force had closed their positions.
March 10, 2020-March 11, 2020
Sideways, after two consecutive days of plunges, many people felt that the risk was over, and even many people had opened more.
March 12, 2020
On the day of the plunge, the drop was very severe. ETH fell from $1,500 in the bull market to $150. I couldn't help but go all in and open more.
99% of people felt that the opportunity had come and started to go long. Even our air force group, led by the group leader, joined the ranks of bottom-fishing.
Everyone I know in the cryptocurrency circle has already opened a long position.
As a result, there was a huge crash that night.
Due to the outbreak, the US stock market ushered in the second circuit breaker.
ETH fell from $190 to $120 that day, a drop of 37%.
BTC fell from $8,000 to $5,500 that day, a drop of 31%.
Others wrote it for reference.
The current situation may not be the same as history. How to write about market twists and turns.
There is no cost-effectiveness of shorting, and there is no complete risk elimination. You must remove the leverage and return to spot. Check and prevent the risk of your possible explosion.
Don't fall down when the sun is about to rise.
