all longists shaved 🔽
There is a serious decline in the market, many altcoins have fallen by 15-30% since the opening of the week, which in fact does NOT mean a change in trend, but only indicates a correction, liquidity collection and intimidation before continuing growth.
😨 $1.8 billion was liquidated from the market over the past 24 hours, 90% of which was in long positions in altcoins.
What to do next? 🤔
1️⃣ There are good opportunities for purchases now. We can already see which coins are performing better than others, growing more actively and are in demand - they can be picked up first of all on the current decline for medium-term speculation.
2️⃣ Waiting for a full rebound and continued growth is only worth opening futures transactions. For spot purchases, it is better to use current opportunities, but taking into account that the market may fall a little
#BinanceHODLerMOVE #BURNGMT BinanceListMagic Eden(ME)#MarketCorrection #MOVEOpening #BuyTheDipOrWait