CFM GROUP (VN), [26 Mar 2024 at 10:32:03]:
🚨According to Open Interest Ratio:Crypto Options VS Crypto Futures, the Options & Futures Trading index is protecting its price at a 100% threshold of 71461$ so this zone becomes a protection threshold when the price tries to break through this zone!
🤔This may require a very strong Long order to push the price even higher to break the ATH level of 73k. So is the momentum and buying force strong enough to break this zone?
📉According to PTKT, it shows us that Momentum has also decreased a lot as well as Vol is also very low, so if we break the barrier, it is likely that this is also a fake break to fool us that the price will increase. .
🐋At this time, be careful because the Shark will find a way to release a lot of goods, so it is easy for the phenomenon of Rug Bull - Bull Track to jump up and down in both directions to liquidate both Margin & Futures when the fluctuations sweep both ends. Both the floors and the House are the biggest beneficiaries.
💹You should swim with the current, not against the current or into Fomo at this time. The plan is still to wait for the price to break the 60k support zone towards the strongest support zone of 42k - 52k then turn on Auto Invest mode daily.
💵Remember, it's okay to have USD in your account because once you enter the goods, you cannot re-enter the goods to continue DCA when the price drops lower.
💼Actually, keeping money and doing nothing is more difficult than buying and waiting. So it is necessary to have a strong mentality as well as patience when TT follows the correct Plan before making money, it is necessary to comply with the set principles. Manage risks to avoid losing money, keeping money is more difficult than making money yourself!
