With the experience of the VNIndex crash, I conclude.
- When the Coin price is saturated, it is when BTC, ETH, and BNB are almost sideways, showing little increase or only a slight increase.
- When Altcoins rise significantly, breaking the trend, what does that mean? It means you should be more afraid of the market. The bounce last night caused many short holders to lose their accounts.
- BTC dropped deep below the range, causing short holders to jump into junk coins because they thought junk coins would drop several tens of % as they often follow BTC, but not this time^^.
- The setup strikes at the moment you are too confident in your own thoughts. Caution is never too much, my friends.
- Don’t wait until you lose money to learn your lesson.
- Personally, junk coins are almost always in a state of readiness to run, and to play, you must have the experience to jump in, place stop-loss orders, and take profits away from the stop-loss point for protection.
#BTC