💥💥SHARE A VERY GOOD TRICK FOR LONG SHORTS TO WATCH FOR LONG WAVES! 💪
Why did I view the dump waves of some altcoins quite accurately last time, but still didn't call you guys to enter BIG SHORT or SHORT with large leverage? But only trimmed a few small orders and always set stoploss? 🤔
👉Simply because I think this is not the time when the market can fall fiercely anymore, so you guys should wait to buy spot gradually, instead of trying to live and die with SHORT orders to make a living like in the downtrend season.
>>>>> This decision of mine comes from the BTCUSDSHORTS indicator (you guys can search this whole phrase on Trading-v-i-e-w to follow the chart more closely).
💥The nature of the BTCUSDSHORTS indicator (image below) is the synthesis of the size of SHORTS orders on the Bit-fi-nex exchange. Although not as large as Binance, this exchange still has a long history and attracts many sharks to participate in trading. Therefore, many veteran traders often monitor the index on this exchange to forecast the market.
During the downtrend period of 2021 - 2022, the BTCUSDSHORTS index warned correctly many times, if I remember correctly, there were 5 - 6 consecutive times it skyrocketed before strong dumps, including 2 dumps caused by the LUNA crisis and the FTX event.
On the contrary, since the beginning of 2023, Bitcoin has continuously grown in the large frame 1W - 1M, although the small frame 1D has many adjustments, the BTCUSDSHORTS index still does not increase as dramatically as before.
👉 This shows that the sharks up there are no longer interested in BIG SHORT orders.
And up to now, this index has not increased, even though the community is afraid that Bitcoin will dump to 4x, 3x or even downtrend.
In short, if you don't believe it, you can check it yourself for more reference! 😎
