In this stage, the price will sideways around 87-94k for about 1 to 2 more months. The beginning of next year will be the time when the whales start to dump their holdings. For now, as long as there is liquidity, the organizations will just kill it, but it hasn't collapsed strongly yet. Anyone with a thick margin should place a short order with a liquidation price above 150k and then log off and come back in half a year to reap the rewards.
Why is the BTC price still at the top and not dropping? It is easy to see that there are still forces supporting it, so shorting at any time is quite dangerous. Unless you set your liquidation price above 100k, I advise you to close your short position and place a short order at the 8x-9x price, with the liquidation price being greater than 100k. Good luck
Coin price pumping process in this phase. B1: The bookmaker will buy from himself to pump about 20-50% (depending on the coin) to see the market's price reaction. There are 2 cases that can happen if the short crowd is extremely crowded. You can confidently go long. If the funding remains the same, the price may remain the same or decrease slightly to wait for the second pumping round. B2: When attention has been created due to high volatility. The bookmaker will consider the time when there are the fewest longs to pump strongly for the second time. At this time, 90% of the gangsters will jump into strong shorting when they have increased 2 times. There will be many longs and shorts here. The bookmaker will create a range of 10-20% to kill both ends. And will choose the right time to pump extremely strongly for the 3rd time and will dump extremely quickly when reaching the liquidity value to kill all short players. Here the price can return to the beginning of step 2 or the middle of step 1. Step 3: when the price drops sharply, the fools will rush into the long position with the idea of taking advantage. At this stage, the bookie will gradually reduce the position by 5-10 points every day and continuously. Whoever rushes into the long position will die. Therefore, there are only a few cases where you can win when you are on the side with little money. The rest of the bookie will rely on liquidity to run the price, you put in money, the price will run. So 90% of the time in this market you will be the loser. The person who does not play is the winner.
Every new coin is split into 5 or 7 parts, what manipulation. Massive marketing to lure buyers and then dump. When it first comes out, you hold all the % of the coin so you can push it a bit. I'm really bored with this market.
Despite being called uptrend, many altcoins have even created new bottoms. Now new coins are being dumped on investors' heads and necks, only a few are flying to lure them in. The ones that hold 8-90% of the tokens are pushed up so that everyone can buy and then go up.
#saga What's happening is that every few hours the total circulating supply of the saga increases by 1 number. From .92 to .93 and now .94. Is it possible that the publisher is unlocking the lock to release the goods without notice?
There is a trick that I want to share with you to determine whether the price is going up or down, which is to look at the difference between BTCspot and BTCusdt. If the spot side is larger, the price will likely decrease higher and vice versa. This method allows the floor to sweep the beard deeper to kill long and short.
I fought a little to get some rice and porridge but it flew away by tens of percent. I'm hyperventilating and I'm about to eth + 20% whoever plays will give it back
The heat chart of #btc of major exchanges shows that the liquidation price at 67k8 is the largest. Either way, it has to go up to get the distance bar.
This type will increase even more. Short's defense was like a moth to a flame. The higher it goes, the shorter it becomes. The question is When will the price decrease? The answer to this question is that when there are no short sellers, the price will decrease. Anything with negative funding has no chance of decreasing.
The more people short, the less likely it is to decrease. Look at any number that has gone up for a few days and has negative funding. I guess the floor will let it fall and I'll eat it. It's safer to find some that are known to be short.
I shorted Pepe at 0.009 and the liquidation price was around 0.011. And as expected. The exchange pumped up 0.011 to create liquidity. But no, I pumped the armor to bring the liquidation price to 0.015. Let's wait and see if the floor continues to kill. Leave the future, it's too harsh.
There's one thing I want to tell those of you who often see bulls increase strongly and jump into shorts. Yes, shorting is fine but please look at the funding. It's as negative as the underworld, so there's no way the fish will fall to the floor so you can eat it, so don't be stupid and rush into it.
Because I was holding on for too long and DCA vol increased a lot, I didn't dare to hold any short orders. It's all a pity now. The possibility of it continues to decrease