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ElvianElvy
@ElvianElvy
7 years of experience of web 3 | Trader, investor, and advisor, doing trader investor and advisor things. All comments are my own and NFA.
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Short question, feel free to comment if you want. I know I make alot of posts sometimes maybe yapping but for the more serious ones would you guys like to see data models behind what I think or comment on sometimes? Let me know if there's enough interest I'll probably share. MAYBE
Short question, feel free to comment if you want. I know I make alot of posts sometimes maybe yapping but for the more serious ones would you guys like to see data models behind what I think or comment on sometimes? Let me know if there's enough interest I'll probably share. MAYBE
Normalization has broken down again as expected and as stated from my previous post. Longing in future atm seems like a terrible idea, do spot or spot with margin instead. All markets opening and closing are super important today. If London holds this and doesnt reverse then we will see what the Feds say today during US open. Depending on what the feds say we might tap 69k again or make a new ATH with rate hike or have a double reversal if rate cut. If no change, it'll be hard to say. I'm still open to shorting shitcoins like $PEPE $WIF $Myro and $APT just add margin and make sure your liq or sl is higher than ATH. These coins are in the state of when will BTC flush another time, I'm betting we see a bit of green then another flush to 65k max because the market isn't as overleveraged as yesterday. Happy trading. Regards, Elvian
Normalization has broken down again as expected and as stated from my previous post.

Longing in future atm seems like a terrible idea, do spot or spot with margin instead.

All markets opening and closing are super important today. If London holds this and doesnt reverse then we will see what the Feds say today during US open.

Depending on what the feds say we might tap 69k again or make a new ATH with rate hike or have a double reversal if rate cut. If no change, it'll be hard to say.

I'm still open to shorting shitcoins like $PEPE $WIF $Myro and $APT just add margin and make sure your liq or sl is higher than ATH.

These coins are in the state of when will BTC flush another time, I'm betting we see a bit of green then another flush to 65k max because the market isn't as overleveraged as yesterday.

Happy trading.

Regards, Elvian
BTC and Market Condition I think I hit the nail on the wall besides $MEME yesterday. We hit a new ATH for BTC, SOL hit 140+, shortly after it just crashed tho which was kinda expected since the whole market was ovetleveraged. Now that the flush has happened, we can kinda see where we wanna go and how to approach this market. After normalizing the data, I feel that $BTC shows signs of a relief rally soon, not exactly sure when but finally means we can start longing in futures again as well. In addition, BTC.D% reclaimed 54% so I think we can look at shorting more low MC tokens like $OGN but personally I'm shorting APT on low lev since I dont know when we will we be seeing a spike. Either ways, follow me for more market updates and do comment ways for me to contact you if you wanna be a part of something I'm starting soon. Regards, Elvian
BTC and Market Condition

I think I hit the nail on the wall besides $MEME yesterday. We hit a new ATH for BTC, SOL hit 140+, shortly after it just crashed tho which was kinda expected since the whole market was ovetleveraged.

Now that the flush has happened, we can kinda see where we wanna go and how to approach this market. After normalizing the data, I feel that $BTC shows signs of a relief rally soon, not exactly sure when but finally means we can start longing in futures again as well.

In addition, BTC.D% reclaimed 54% so I think we can look at shorting more low MC tokens like $OGN but personally I'm shorting APT on low lev since I dont know when we will we be seeing a spike.

Either ways, follow me for more market updates and do comment ways for me to contact you if you wanna be a part of something I'm starting soon.

Regards, Elvian
✨️✨️✨️WE ARE SO BACK✨️✨️✨️ $BTC hit ATH again, let's see what's installed for us next. Statistically, we should see a pullback but there has been no signs of one (at least what I can tell) of a big pullback coming soon. Let's see if we can normalize the % then maybe we have a clearer direction of dump or pump #TrendingTopic #BTC #ATH.
✨️✨️✨️WE ARE SO BACK✨️✨️✨️

$BTC hit ATH again, let's see what's installed for us next.

Statistically, we should see a pullback but there has been no signs of one (at least what I can tell) of a big pullback coming soon. Let's see if we can normalize the % then maybe we have a clearer direction of dump or pump

#TrendingTopic #BTC #ATH.
Ready to turn $100 into a life changing amount? 🤝 Most people fail while growing their account because of these few reasons, risk management, money management, and strategy retention. Another one of the problems are that some people opens multiple positions and taking all the signals they can get from any random group or person then praying they will it into profits. Well sad to say, you wont be able to "make it" that way. The first and foremost rule is to check your risk exposure, a proper rule and risk management has to be followed no matter what. This has been what I've been teaching and telling people for ages. Something I will be starting soon, it will be like a mentoring or community, I will be personally along with a few of my trusted friends help you reach from that $100 to $1000 to $10000 or to the level you probably can't imagine with the starting capital of $100. Again I advocate not for signals but to actually allow you to understand what you're entering and why you're entering I'm pretty sure Binance doesn't allow DMs or chats or stuff like that, so please comment on how I can reach out to you when I drop/start this project of mine. #TrendingTopic #LFG🚀 $BTC $ETH $ZEC
Ready to turn $100 into a life changing amount? 🤝

Most people fail while growing their account because of these few reasons, risk management, money management, and strategy retention. Another one of the problems are that some people opens multiple positions and taking all the signals they can get from any random group or person then praying they will it into profits. Well sad to say, you wont be able to "make it" that way. The first and foremost rule is to check your risk exposure, a proper rule and risk management has to be followed no matter what. This has been what I've been teaching and telling people for ages.

Something I will be starting soon, it will be like a mentoring or community, I will be personally along with a few of my trusted friends help you reach from that $100 to $1000 to $10000 or to the level you probably can't imagine with the starting capital of $100. Again I advocate not for signals but to actually allow you to understand what you're entering and why you're entering

I'm pretty sure Binance doesn't allow DMs or chats or stuff like that, so please comment on how I can reach out to you when I drop/start this project of mine.

#TrendingTopic #LFG🚀

$BTC $ETH $ZEC
REMINDER🚨🚨🚨 Just wanted to do a reminder or PSA about what happend to $PEPE after being listed on Binance. Same thing will probably happen to $WIF and maybe even $MYRO. But in general SOL based coins like $JUP hasn't been doing well so I'd like a swing short on this. Only good performing "SOL" coin is $PYTH but thats an oracle... So yeah.... #TrendingTopic #WIF
REMINDER🚨🚨🚨

Just wanted to do a reminder or PSA about what happend to $PEPE after being listed on Binance. Same thing will probably happen to $WIF and maybe even $MYRO.

But in general SOL based coins like $JUP hasn't been doing well so I'd like a swing short on this. Only good performing "SOL" coin is $PYTH but thats an oracle... So yeah....

#TrendingTopic #WIF
Which are you guys used to seeing? These are BTCUSDT.P on Daily TF 1. A ranging marekt 2. A trending market Because this is very important, you hear on Binance Square that everyone is getting liquidated and futures OI is increasing etc. But have you guys ever sat down and thought. "Different market scenarios, different strategy" well I hope and most of the people on here should have done this before getting into lev or futures. Point I want to make is, a few months ago the market was ranging and this allowed you to essentially do S/R trading with high lev and everyone got used to it so thats why we always see signals like oh x20 - x50 "Insanely profitable trade" back then. These days it's very different, when we skyrocketed from 40k to 60k when we dropped from 40k to 30k due to ETF, the mentality of I can just use high lev and scalp/range trade still is stuck with us today, even I personally fall back to it sometimes. I'm here to just give everyone who is new or even experienced an PSA, trade depending on market conditions, for example I would only trade up to max x5 right now and thats even a little too high for me, I'd even just do spot trades right now due to market trending. So don't complain about being liquidated from being overleveraged again, reread this post and reflect. Regards, Elvian
Which are you guys used to seeing?

These are BTCUSDT.P on Daily TF

1. A ranging marekt
2. A trending market

Because this is very important, you hear on Binance Square that everyone is getting liquidated and futures OI is increasing etc. But have you guys ever sat down and thought. "Different market scenarios, different strategy" well I hope and most of the people on here should have done this before getting into lev or futures.

Point I want to make is, a few months ago the market was ranging and this allowed you to essentially do S/R trading with high lev and everyone got used to it so thats why we always see signals like oh x20 - x50 "Insanely profitable trade" back then. These days it's very different, when we skyrocketed from 40k to 60k when we dropped from 40k to 30k due to ETF, the mentality of I can just use high lev and scalp/range trade still is stuck with us today, even I personally fall back to it sometimes.

I'm here to just give everyone who is new or even experienced an PSA, trade depending on market conditions, for example I would only trade up to max x5 right now and thats even a little too high for me, I'd even just do spot trades right now due to market trending. So don't complain about being liquidated from being overleveraged again, reread this post and reflect.

Regards, Elvian
Another small update from me ^^ We are going to continue to see BTC rally, along with some alts. Again I can't share why but I can hint :) BTC SOL MEME Happy trading, feel free to comment any questions.
Another small update from me ^^

We are going to continue to see BTC rally, along with some alts. Again I can't share why but I can hint :)

BTC
SOL
MEME

Happy trading, feel free to comment any questions.
I'll update this post when if I know that theres gonna be abother wick up or wick down in the near future. :) As stated in the post, I hinted but can't tell you where to look.
I'll update this post when if I know that theres gonna be abother wick up or wick down in the near future. :)

As stated in the post, I hinted but can't tell you where to look.
I'll update this post when if I know that theres gonna be abother wick up or wick down in the near future. :) As stated in the post, I hinted but can't tell you where to look.
I'll update this post when if I know that theres gonna be abother wick up or wick down in the near future. :)

As stated in the post, I hinted but can't tell you where to look.
I wonder who said something about BTC wick up 🤔
I wonder who said something about BTC wick up 🤔
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ElvianElvy
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I'll be making this post short and simple, no airdrop bs. (If you want me to do an airdrop guide, comment I'll share what and how I'm farming.)

Look at Binance BTC Perps, we're gonna see a huge rally soon. Maybe I was wrong to chase alts, maybe it's better to chase BTC since we are not giving BTC time to consolidate/sideways.

Why Elvian? Sorry I cannot explain why, but all I can do is give you all a hint on where to look.
I'll be making this post short and simple, no airdrop bs. (If you want me to do an airdrop guide, comment I'll share what and how I'm farming.) Look at Binance BTC Perps, we're gonna see a huge rally soon. Maybe I was wrong to chase alts, maybe it's better to chase BTC since we are not giving BTC time to consolidate/sideways. Why Elvian? Sorry I cannot explain why, but all I can do is give you all a hint on where to look.
I'll be making this post short and simple, no airdrop bs. (If you want me to do an airdrop guide, comment I'll share what and how I'm farming.)

Look at Binance BTC Perps, we're gonna see a huge rally soon. Maybe I was wrong to chase alts, maybe it's better to chase BTC since we are not giving BTC time to consolidate/sideways.

Why Elvian? Sorry I cannot explain why, but all I can do is give you all a hint on where to look.
Common sense meets trading. So I did say I would make a post about trading positions and updates unless someone says I'm hypocritical for making these type of posts despite what I've said. Again, I am not encouraging anyone to follow or even enter the positions I am currently in, nor am I promoting my copytrade nor providing any advice. I am just explaining my positions and my reasonings for them. So as expected (ifykyk) we saw the wick up to 52k for BTC, all alts I stated pumped. I didn't reap all the profits as I was scared due to inflation news. For those who actually saw and read my post, hope iy helped. Currently, BTC.D is still high and BTC hasn't had timr to range yet. Once it can range and stablize, we will see a massive alt pump. Assumption is that BTC ranges tho. I've come down to 2 to 3 coins I'm willing to trade atm since I can see everyone going into it. TIA (Airdrop hunting) ARB (Best perfroming L2) APT (Airdrop hunting) Again with common sense and just 1 chart I'm able to execute trading logic, but I do have a feeling we might tap the celling then go across it for BTC.D. If we do, I'm rotating liquidity to BTC. Thanks for reading, any questions in the comments I'll answer for more clarification and go more indepth. P.S.: PPI soon, I expect it to be bad and BTC to go even higher.
Common sense meets trading.

So I did say I would make a post about trading positions and updates unless someone says I'm hypocritical for making these type of posts despite what I've said.

Again, I am not encouraging anyone to follow or even enter the positions I am currently in, nor am I promoting my copytrade nor providing any advice. I am just explaining my positions and my reasonings for them.

So as expected (ifykyk) we saw the wick up to 52k for BTC, all alts I stated pumped. I didn't reap all the profits as I was scared due to inflation news. For those who actually saw and read my post, hope iy helped.

Currently, BTC.D is still high and BTC hasn't had timr to range yet. Once it can range and stablize, we will see a massive alt pump. Assumption is that BTC ranges tho.

I've come down to 2 to 3 coins I'm willing to trade atm since I can see everyone going into it.

TIA (Airdrop hunting)
ARB (Best perfroming L2)
APT (Airdrop hunting)

Again with common sense and just 1 chart I'm able to execute trading logic, but I do have a feeling we might tap the celling then go across it for BTC.D. If we do, I'm rotating liquidity to BTC.

Thanks for reading, any questions in the comments I'll answer for more clarification and go more indepth.

P.S.: PPI soon, I expect it to be bad and BTC to go even higher.
Thanks to $PYTH , $POLYHEDRA, $W, and $PIXEL, Square/Feed is just getting spammed with airdrop posts and guides. Just a warning for those who are new to this market, please DYOR and use a burner wallet if you wanna do any of these random/scam airdrops. I couldn't tell you which is real (besides my own list or some) or fake or a scam. Just take caution and not fall for these scams. P.S.: Some airdrops might be real but could definitely just be a way to shill ref codes or paid promotion. Take care and godspeed.
Thanks to $PYTH , $POLYHEDRA, $W, and $PIXEL, Square/Feed is just getting spammed with airdrop posts and guides.

Just a warning for those who are new to this market, please DYOR and use a burner wallet if you wanna do any of these random/scam airdrops. I couldn't tell you which is real (besides my own list or some) or fake or a scam.

Just take caution and not fall for these scams.

P.S.: Some airdrops might be real but could definitely just be a way to shill ref codes or paid promotion. Take care and godspeed.
1st of all, Happy CNY 恭喜发财! Now, I made a post earlier about misleading posts of signals or calls etc so this might seem abit hypocritical. But in my opinion this is how these kind of stuff should be posted, backed by data, full disclosure and transparancy on my lev and margins, and full reasoning on why I made this move. I am not encouraging anyone to follow or even enter the positions I am currently in, nor am I promoting my copytrade nor providing any advice. I am just explaining my positions and my reasonings for them. $BTC did a predicted wick up from about 42k to 48k, I've talked about this somewhere else and why I thought this would be the case after ETF (Where? iykyk) and as usual BTC.D(ominance) usually follows the first wick up (when it first goes up) but after a few days when BTC stablizes like now at around 47k (which I expect to go sideways until CNY is over) BTC.D will slowly start to go down and the money will flow into alts (ETH, SOL, BNB, etc). So let's talk about my positions and my reasonings, as we can see BTC.D on the daily is already starting to retrace after tapping one of the highs I marked awhile back and we can see that BTC is still maintaining its price, hence opening longs on alts is a good angle right now. Alot would argue back that we will see a big correction on BTC due to the sudden pump and will affect my longs, which yes I agree but that will be post CNY and very breifly before the halvening. I'm happy with taking long swing positions to hit my targets before that correction happens, as long as BTC goes sideways for awhile and allows BTC.D to drop. My positions: SOL ETH ARB TIA Obvious ones in comments. I think $TIA is the only wildcard on this list since it has been making ATH after ATH since it release which shoulf be due for a correction, which I disagree. The airdrop meta is getting all retailers to buy TIA to stake to go into the ecosystem for airdrop farming. This is supported by stats of the amount of delegations to it increasing for the past few months and the $DYM airdrop boosted its popularity.
1st of all, Happy CNY 恭喜发财!

Now, I made a post earlier about misleading posts of signals or calls etc so this might seem abit hypocritical. But in my opinion this is how these kind of stuff should be posted, backed by data, full disclosure and transparancy on my lev and margins, and full reasoning on why I made this move.

I am not encouraging anyone to follow or even enter the positions I am currently in, nor am I promoting my copytrade nor providing any advice. I am just explaining my positions and my reasonings for them.

$BTC did a predicted wick up from about 42k to 48k, I've talked about this somewhere else and why I thought this would be the case after ETF (Where? iykyk) and as usual BTC.D(ominance) usually follows the first wick up (when it first goes up) but after a few days when BTC stablizes like now at around 47k (which I expect to go sideways until CNY is over) BTC.D will slowly start to go down and the money will flow into alts (ETH, SOL, BNB, etc).

So let's talk about my positions and my reasonings, as we can see BTC.D on the daily is already starting to retrace after tapping one of the highs I marked awhile back and we can see that BTC is still maintaining its price, hence opening longs on alts is a good angle right now. Alot would argue back that we will see a big correction on BTC due to the sudden pump and will affect my longs, which yes I agree but that will be post CNY and very breifly before the halvening. I'm happy with taking long swing positions to hit my targets before that correction happens, as long as BTC goes sideways for awhile and allows BTC.D to drop.

My positions:
SOL
ETH
ARB
TIA

Obvious ones in comments. I think $TIA is the only wildcard on this list since it has been making ATH after ATH since it release which shoulf be due for a correction, which I disagree. The airdrop meta is getting all retailers to buy TIA to stake to go into the ecosystem for airdrop farming. This is supported by stats of the amount of delegations to it increasing for the past few months and the $DYM airdrop boosted its popularity.
W For Wormhole Farmers#Wormhole which alot of people has speculated about for the most of Q3 - Q4 in 2023 for an airdrop has finally released details about their own token, tokenomics,and airdrop for community incentives.Wormhole's token is called $W and its a native Solana SPL token and an EVM ERC20 token, it can be both because it leverages their (Wormhole) Native Token Transfer to allow it to be seamlessly transfered to any #Wormhole connected network.It's initial circulating supply will be 1.8 trillion with a 10 trillion max supply. The vesting period and lock details are that 82% of the initial supply will be locked and unlocked over 4 years.For the airdrop farmers, 17% or 1.7 Trillion of $W will be allocated to the community (or airdrops), 11% or 1.1 Trillion of $W will be unlocked at TGE and the remaining 6% will be unlocked over 4 months after TGE.In addition to all of this, #Wormhole has also dedicated a DAO for voting and proposals to deal with responsibilities and actions such as- Adding and removing blockchain connections to Wormhole- Upgrading smart contracts across Wormhole- Adjusting fees across various products of Wormhole- Expanding or adding new parties to the Guardian set (Guardian nodes and responsibilities not explained in this article.)- Adjusting rate limits- Token utility and designAccordingly, the DAO will be making a comprehensive decentralized roadmap that is contributed by Core Contributors and the community.My thoughts:Another airdrop farmed and done, onto the next one. I personally think Wormhole has a bright future ahead of them due to the narrative of a fully integrated multi-chain system that can go cross-chain easily. This is something that I have been asking for and waiting for, happy to see we finally have more interoperability in this space and I think interoperability is the future for blockchain technology anyways.Regards, ElvianElvy

W For Wormhole Farmers

#Wormhole which alot of people has speculated about for the most of Q3 - Q4 in 2023 for an airdrop has finally released details about their own token, tokenomics,and airdrop for community incentives.Wormhole's token is called $W and its a native Solana SPL token and an EVM ERC20 token, it can be both because it leverages their (Wormhole) Native Token Transfer to allow it to be seamlessly transfered to any #Wormhole connected network.It's initial circulating supply will be 1.8 trillion with a 10 trillion max supply. The vesting period and lock details are that 82% of the initial supply will be locked and unlocked over 4 years.For the airdrop farmers, 17% or 1.7 Trillion of $W will be allocated to the community (or airdrops), 11% or 1.1 Trillion of $W will be unlocked at TGE and the remaining 6% will be unlocked over 4 months after TGE.In addition to all of this, #Wormhole has also dedicated a DAO for voting and proposals to deal with responsibilities and actions such as- Adding and removing blockchain connections to Wormhole- Upgrading smart contracts across Wormhole- Adjusting fees across various products of Wormhole- Expanding or adding new parties to the Guardian set (Guardian nodes and responsibilities not explained in this article.)- Adjusting rate limits- Token utility and designAccordingly, the DAO will be making a comprehensive decentralized roadmap that is contributed by Core Contributors and the community.My thoughts:Another airdrop farmed and done, onto the next one. I personally think Wormhole has a bright future ahead of them due to the narrative of a fully integrated multi-chain system that can go cross-chain easily. This is something that I have been asking for and waiting for, happy to see we finally have more interoperability in this space and I think interoperability is the future for blockchain technology anyways.Regards, ElvianElvy
I know alot of people won't read the whole post, but I'll make it anyways. I hate to tell you but everyone is wrong, everyone on feed is wrong, I can be wrong too. I'm once again posting on feed/square because of the conflicting and malicious post I see everytime I randomly scroll on Binance. Alot of the info like "HOW TO BE A PROFITABLE TRADER!!!" and signals are all either text generated by CGPT or just guessing where the market will go because no matter how good you are at trading or any analytics, humans are emotional and emotions make us bias and biasness leads us to wrong and sub-optimal decisions. I won't lie tho, I'm also wrong sometimes. I understand when I trade perps I might lose money, so I don't make signals or ideas, but if you question me about why I opened this position I can tell you 100% why I believe XYZ will go up or down, just ask. Another misleading thing I see people post on feed is investing vs trading. For the love of god, investing is not trading or the other way around. Investing is generally long term gain lower risk, trading is short term gain and much higher risk. Drill this into your head, you'll need to understand it to be in this market. More misleading stuff I see are how XYZ Trader turned 10$ to 30 mill with this one trade. Yes, the hook sounds good and yes 10$ to 30 mil is good. But let's be real, the market is a zero sum game and in a scenario where someone did 10$ to 30 mil cannot be recreated in 99.99999% of the time. If it was possible to recreate it even 2% of the time why bother learning or even better why are exchanges still open? A contiuation of the paragraph above, usually they aren't trading large, mid, or even small cap alt coins, they're trading micro cap alt coin (shitcoins) and yes this can make you alot of money very fast but the risk you take for this is so insanely high, you might as well just donate your money to charity. For context, I've traded these before and yeah earn big cool, but for every win I lost 9 times, so I basically just paid gas and won nothing. More in comments, limited text.
I know alot of people won't read the whole post, but I'll make it anyways. I hate to tell you but everyone is wrong, everyone on feed is wrong, I can be wrong too.

I'm once again posting on feed/square because of the conflicting and malicious post I see everytime I randomly scroll on Binance.

Alot of the info like "HOW TO BE A PROFITABLE TRADER!!!" and signals are all either text generated by CGPT or just guessing where the market will go because no matter how good you are at trading or any analytics, humans are emotional and emotions make us bias and biasness leads us to wrong and sub-optimal decisions.

I won't lie tho, I'm also wrong sometimes. I understand when I trade perps I might lose money, so I don't make signals or ideas, but if you question me about why I opened this position I can tell you 100% why I believe XYZ will go up or down, just ask.

Another misleading thing I see people post on feed is investing vs trading. For the love of god, investing is not trading or the other way around. Investing is generally long term gain lower risk, trading is short term gain and much higher risk. Drill this into your head, you'll need to understand it to be in this market.

More misleading stuff I see are how XYZ Trader turned 10$ to 30 mill with this one trade. Yes, the hook sounds good and yes 10$ to 30 mil is good. But let's be real, the market is a zero sum game and in a scenario where someone did 10$ to 30 mil cannot be recreated in 99.99999% of the time. If it was possible to recreate it even 2% of the time why bother learning or even better why are exchanges still open?

A contiuation of the paragraph above, usually they aren't trading large, mid, or even small cap alt coins, they're trading micro cap alt coin (shitcoins) and yes this can make you alot of money very fast but the risk you take for this is so insanely high, you might as well just donate your money to charity. For context, I've traded these before and yeah earn big cool, but for every win I lost 9 times, so I basically just paid gas and won nothing.

More in comments, limited text.
This post is coming from me scrolling through Binance and seeing people "predicting" markets or preaching "I said XYZ 2 days ago, see it happened!" Lemme show you/market a trick that is kinda obvious but apparently common sense doesn't apply to everyone. Statistically, when BTC drops 7%(-7%) overnight, it's very likely it's not going to drop another 7% (-7%) the next (Scenario A). In a case, where noise (news) plays a role BTC can drop -7% night over night for a few days. (Scenario B) But in 99.99% of the time when pure PA and how markets works you will never see a 7% (-7%) drop then another the following day, it will always be a drop then consolidate or a drop then dead cat bounce then drop. (Scenario C) But remember 99.99% is very unlikely but it's not impossible. Yes, in 1 week you can drop and drop but in the span of that 1 week you'll see either a small multiday consolidation or dead cat bounce before ending with a drop. Stop mindlessly following people and make your own idea on where you think the price will be. - ElvianElvy.eth
This post is coming from me scrolling through Binance and seeing people "predicting" markets or preaching "I said XYZ 2 days ago, see it happened!"

Lemme show you/market a trick that is kinda obvious but apparently common sense doesn't apply to everyone.

Statistically, when BTC drops 7%(-7%) overnight, it's very likely it's not going to drop another 7% (-7%) the next (Scenario A). In a case, where noise (news) plays a role BTC can drop -7% night over night for a few days. (Scenario B) But in 99.99% of the time when pure PA and how markets works you will never see a 7% (-7%) drop then another the following day, it will always be a drop then consolidate or a drop then dead cat bounce then drop. (Scenario C) But remember 99.99% is very unlikely but it's not impossible.

Yes, in 1 week you can drop and drop but in the span of that 1 week you'll see either a small multiday consolidation or dead cat bounce before ending with a drop.

Stop mindlessly following people and make your own idea on where you think the price will be.

- ElvianElvy.eth
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