Based on my past experience, this trend of $BTC $ETH $BNB will continue to drop for some time until all long positions are liquidated and a bottom is formed. After all, it's better for the main force to dump and eat up 8 billion in orders than to pull it up to make 1.4 billion.
This data is so fucking fake. The previous value was 10, and today's announcement was 1.2. I feel more and more that we in the circle are being played like monkeys by the Americans and Wall Street. The key is that every time there is such fake data, the main players will use it to make a fuss to pull up or down the market, and we retail investors have no way to deal with it. Suddenly I feel really sad.
$ETH says that the lines I draw have problems and are messy, but I feel like there’s nothing wrong with my drawings. As soon as I hit the resistance line, I can't go up.
Since Dog Zhuang is willing to provide a solution for short positions, this absolutely is not the bottom. This year's market, to put it simply, is quite simple; by following the trend, you can make money. It's all a market of back-and-forth fluctuations.
$ETH $BNB $SOL Today, several major cryptocurrencies' large holders have all sold off in large amounts. Is something about to happen? Bitcoin hasn't dropped yet.
$BTC $ETH Putting aside Bitcoin, the entire cryptocurrency market hasn’t increased. If Bitcoin drops, then the whole cryptocurrency market will face another wave of bloodshed. Right now, it feels to me that traditional finance is using ETFs to enter the market, drawing blood from the entire cryptocurrency market, especially from Ethereum, as can be seen from its market share, which is already 60%. Next, they will use Bitcoin to harvest profits. This will concentrate all the funds in the cryptocurrency market to be harvested. The ‘doge’ traders are cutting people one coin at a time, using Bitcoin to harvest the entire cryptocurrency market. Only Wall Street could make such a big move. I hope I’m just imagining the worst scenario for my own peace of mind.
$ETH According to the previous bull market's exchange rate, Ethereum priced at 2600 is equivalent to Bitcoin at 31000. But now, with unlimited issuance, a majority of long-term holders have sold off, including Vitalik, the foundation, and Layer 2 networks are draining value. The position of the second largest cryptocurrency is precarious. If we only focus on technology without creating wealth effects, people will not participate. It’s like telling you that we are developing technology for the benefit of humanity, which will be incredibly powerful in the future, but the salary is only 50 yuan a month. Everyone needs to eat; no matter how advanced your technology is, what does it have to do with retail investors?
$APE The rate becomes negative again. The leeks continue to short, short, and short. Thanks to the KOLs who shouted short in the square, they made a lot of money again and continued to rush up to the pressure level of 2.6
$APE Do not short, do not short, do not short, it is important to say it three times, the high position has already strongly broken through, the next target is 2.68.
People have been calling for short selling of $APE . I don't know what these people are thinking. From both the technical and news perspectives, there is no sign of this coin going down. Newbies should think about it themselves. Don't do whatever others say. Short selling when the fees are so low is a way to get yourself killed. If you have a lot of money, transfer it to me and I can say thank you. There is nothing left in here.
$APE As expected, there is never a shortage of leeks in the market. Maybe the dealer does not want to push the price so high, but seeing the leeks giving money in large amounts, he can't bear to refuse. 😂, the negative fee rate has risen sharply, and the whole square is shouting short selling. Let's see if this wave can be pulled to the sky.
$APE The spot trading volume is more than 100 million, and the contract is nearly 2 billion. Do you think the bookmaker's contract profit is not enough to pull the spot? At that time, the spot was 1.4 and the contract was 1.26. Now the spot is 1.37 and the contract is 1.36. Don't you understand it? It's not too much to see 4 US dollars later.
The coin $APE has been washed out for 8 months. There are not many people holding the coin, but most of them are held by big whales. Therefore, it is recommended not to short it easily. The big whales have been suppressed for 8 months. A rebound of 5-10 times is not excessive. It has just started to rise. I have just recovered my investment in spot. Let's see its performance next.
All $ETH Ethereum positions have been liquidated. Bitcoin is at a high level, and Ethereum cannot even break 2800. If Bitcoin experiences a major correction, I don’t know how low Ethereum will fall. Big players and whales don’t care about it anymore. What am I still holding on to? Cherish life and stay away from Ethereum.