⚠️ WARNING: The current short-term recoveries are just “bear traps”.
You guys see btc move up a little bit and some Altcoins fly high, this is the intention of the bookmaker, Green skin red heart or Dead Cat Bounce, this is the time for you guys to go ⛵ short strongly!
Some coins struggled quite strongly before logging out. Coins like $XRP , $XLM , $FTM are all in the sights of strong shorting
Those who hold money, don't rush into the market, FOMO buy or go long on coins that are about to increase, be careful of being shorted by the team. Especially for those who are holding coins like this, this is the last time to sell off!
From now until January 6, there will be many strong shorting waves, hold on to your wallet and wait for us to short!
Dead Cat Bounce in stocks, cryptocurrencies represents a short-term price increase and often appears in a long-term downtrend.
Happy New Year! Congratulations to everyone boarding the train with me! Wishing all short traders with me a warm and prosperous Tet holiday. Wishing everyone success and happiness in the new year! New year, new pseudonym! The bright red candles welcome the new year. The 12h chart shows beautiful candles 🕯️ $BTC ; $ETH ; $SOL
Congratulations to my friends who have boarded with me ⛵
This time, we are approaching the end of the month candle, and the SL sweep is very strong, so be careful, the thick armor and sharp spear are $Btc, $SOL, $LTC that may fall into the pit again. Look at the liquidation chart to determine the SL points.
Why is it going down the pit, bloody party? Because the big shorters do not dare to play strong short orders, running short selling just in time for the end of the week and the end of the month, so the exchange can only sweep the SL of small retail traders.
My opinion is that the strong shorters should choose TP according to each point to close around 76-80k (if there is a strong candle with weak volume, it will bounce a bit and then dive to create the second bottom to bounce strongly - this part is for long traders).
Currently, it's not the bottom yet. I have told you to quickly sell off your positions a few days ago, do not enter positions, wait for BTC to adjust. I see some big KOLs saying it's Altcoins season at this time; in my opinion, some coins may not have finished their waves for a 2x; 3x! But those coins that have already soared will only go down.
Determine that you must be foolish compared to the cunning ones, keep USDT as it is, hold your money firmly, wait to buy whatever style you want to profit (whoever FUDs about USDT, let it be). What are you waiting for “who knows, you might get lucky” when AltSS is here.
Many of you (head U, I don’t understand if I should name names) have dropped sharply already, but I am still waiting for a rebound point to short! This market is like that, feel free to short a lot of junk!
The sweat and blood money you gamble with luck in the Future market can lose or win, but don’t lose miserably because the armor is thin like that.
(Part 2) After that, around January 2020, the context of the Corona pandemic caused this market to gradually collapse, and my friend and I gradually lost faith in the market. The climax was on March 12, 2020, when both of us split our three accounts as BTC dropped 40% in one day. From a long-holder mentality, it suddenly turned into a short-holder mentality without us even realizing it. I felt very frustrated, truly... After that, I jumped into futures with the hope of recovering... Fortunately, going long on BTC brought many profitable trades, and both Vô Danh and I accumulated BTC, holding quite a lot of Altcoins.
You need to understand that when €$BTC dropped to the bottom, anyone who kept buying coins and holding coins would win. Money was flowing, but the mistake my two friends and I made was chasing a short-term mindset, not closely analyzing the long-term chart. Seeing BTC rise sharply, we shorted a lot. If you look at the monthly chart, you will understand the confusion about how it has grown since 2020...
Then I still remember the period in May 2021 when $ETH reached a peak of 4300 and was on a downward trend to 2400 before rising to a new peak. Many short-holders, including me and Vô Danh, lost their accounts during this time. Our short portfolio mostly consisted of top coins like SOL, $LINK , ETH; Luna... Danh burned through all his accounts and quit, it's really a pity for a good friend. If only we hadn't been so greedy, if only we could go back to that day, if only we could play the game once more.
So, I gave up the market for a while. Luckily, the BTC I still held and the KCS exchange coin increased in value over time, so I still had capital to continue fighting. After taking a break, I got busy with work and returned to the market in mid-2023.
(Continued, I will write more if you are interested)
I changed my avatar, posted additional hashtags to try to earn some passive income! If you find this post heartfelt and of quality, please send a like and follow! Thank you.
Hello everyone! It's me again In recent days, I've been very happy and proud to see you all interested in my posts
Now that I have some free time, I want to share a bit about myself and my pessimistic feelings about this market, especially when BTC has found its peak
I always want everyone to be cautious when participating, gambling with a moderate degree of risk
I am a newbie trader since 2018! You F0s now like to call me F6, that's fine. I, along with a close friend (let's call him Anonymous because his name is Danh :)) started trading when we saw $BTC drop from 20k
I have witnessed the craziness of this market for many years, with both tears and joy. I remember in 2018, BTC skyrocketed to 20k in 3 months, coins were flying everywhere, that was the peak. But when Trumpet took off, it plummeted quite fast, BTC dropped to 3000 in 12 months (going up the elevator, coming down the stairs). $ETH back then only had declines like coming down the stairs, I personally held a small amount of ETH when the price was at the bottom
You understand the feeling when Nano coin doubles just after one video on Twitter, GVT coin triples just after a few top comments on Reddit, that's how it is (this coin has been delisted and disappeared)! Then came $EOS with the amazing technology of shilling on Reddit, while BTC was dropping sharply, it just kept rising. I used to trade quite a few top coins back then, held quite a lot, and always kept exchange coins because I played on this exchange first (KCS).
As BTC gradually declined due to a lack of trading mindset, our accounts kept shrinking, then we got on the boat and gradually accumulated BTC. During the Trump era, you could see BTC decreasing every day, but Altcoins were rising strongly, so no one cared to accumulate and hold BTC, the trader mentality was very poor, only thinking of the market as gambling, with Altcoins pumping more than BTC. You know when BTC dropped to 4k, many traders didn't even want to accumulate but still believed in buying and holding Altcoins!
50 candles are not equal to 2 candles 🕯️ (15-minute candles) It's up to you to decide here, is it a downtrend yet? It could spike up to liquidate shorts and then drop back down again!
Hey, the 12h chart is showing a "bloody party", $BTC $ETH , $LTC and other Altcoins share the same fate. The bloodbath party is about to start, get on the short train early, set a price above 95k moving 5%-7% or higher + stoploss if scared.
Looking at the orders, prioritize 5x - 10x, DCA gradually. Altseason will only come after Trumpet takes power, btc drops sharply and moves sideways, any Altcoins that run out of momentum will drop x3-x5! Feel free to short!
For those who are holding to die, I sincerely advise to consider dumping quickly, especially $ltc, $eth along with shitcoins, memecoins.
My account currently has 1/4 allocated for futures, I advise those who rarely trade futures not to try, holding coins means knowing that this is a downtrend period, at least 1 month!
Surely these past few days you guys have been tired wondering how the market will go, right? Look here at this month, major Altcoins are like this, Btc, eth, Ltc, Sol, Bnb, Atom, Xrp ... What do you see, waiting for a new pump? No pump means a strong dump lol..... For example, the last wave of LTC, $btc dumps 30% or 50% then Altcoins drop X3 - X5
Ltc dumping to 25 is minimal, $LTC is in the final wave Especially $ATOM in the last wave, why did it drop to $3 and then rise to $9? Just a trap for you all, holding onto it will lead to a deep loss, Coins like this $ETH have exhausted buying power so MM can let it drop X3 - X5 to start new cycles Be careful, I have been in this market long enough to know why most of you are losing money
🐔 Raising fat chickens means just meat, Trumpet always says the opposite, calling Uncle Xi, Putin as good brothers, then you understand, btc no longer has a chance to buy or sell $<€<£ gold anymore then ....
Every year I hope that the coin I hold will x5 x10 but it doesn't, only x2; x3 and below. I remember the year Link crashed in a week, well if I can't get x5; x10 then I'll short to kill those guys, back to dust with $SOL $BNB $XRP $SUI ETH $btc
Is there any x5 for returning to x1, it's all garbage, isn't it? No one hopes for x10, there are still many shorts, keep shorting, this BTC garbage too.
BTC currently cannot bounce at the 95k support even though there was a strong buying force up to 96k2 but it was also rejected. This means that sooner or later 95k will be broken. A short order above 95k will be a good order.
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#bitcoin will have a long short, becareful Similar to the picture below it will pump little but super dump later #altcoin also got same reaction check my picture and answer why it can be like that 4 hour #chrt and it find the peak