Linda Bitcoin
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Bearish
THE MARKET MAY FALL FURTHER 🚨:
$XRP , $DOGE , $SOL .
* IT MAY FALL FURTHER DUE TO THE UPCOMING EVENTS BELOW:
1: FED MEETING (DAY 1). ON JANUARY 28.
2: FED MEETING (DAY 2). ON JANUARY 29.
3: ADVANCED GDP ESTIMATE. ON JANUARY 30.
* What happened today???
Bitcoin Price Struggle:
Bitcoin, the largest cryptocurrency, has fallen by over 5% and is now trading around $99,969. It briefly dipped as low as $99,902 in the past day. However, to prevent further price declines, the $100,000 mark serves as a critical support level. Losing this level could result in even more substantial losses.
On the other hand, if Bitcoin recovers and climbs above $105,000, it could regain some bullish momentum.
Altcoins Follow the Decline
Altcoins are also facing steep losses. Ethereum (ETH), XRP, and Solana (SOL) are down 8-10%. However, meme coins like DOGE and SHIB are down 8-7% respectively. PEPE and TRUMP tokens have seen even bigger losses of nearly 13%.
* Lessons and Precautions:
For SPOT traders: Don’t panic and never sell your coins. We’ve seen many dips before, but the market bounces back stronger. Every dip is an opportunity to buy more at an even cheaper price. You will only lose if you sell your coins.
For future traders: Use very low margin and low leverage. Staying away from the market on these three days will be better for you because you will see big moves on these three days and you can get liquidated easily if you use large margin and leverage, and never trade without a stop loss.
$ETH $BTC $BNB
$XRP , $DOGE , $SOL .
* IT MAY FALL FURTHER DUE TO THE UPCOMING EVENTS BELOW:
1: FED MEETING (DAY 1). ON JANUARY 28.
2: FED MEETING (DAY 2). ON JANUARY 29.
3: ADVANCED GDP ESTIMATE. ON JANUARY 30.
* What happened today???
Bitcoin Price Struggle:
Bitcoin, the largest cryptocurrency, has fallen by over 5% and is now trading around $99,969. It briefly dipped as low as $99,902 in the past day. However, to prevent further price declines, the $100,000 mark serves as a critical support level. Losing this level could result in even more substantial losses.
On the other hand, if Bitcoin recovers and climbs above $105,000, it could regain some bullish momentum.
Altcoins Follow the Decline
Altcoins are also facing steep losses. Ethereum (ETH), XRP, and Solana (SOL) are down 8-10%. However, meme coins like DOGE and SHIB are down 8-7% respectively. PEPE and TRUMP tokens have seen even bigger losses of nearly 13%.
* Lessons and Precautions:
For SPOT traders: Don’t panic and never sell your coins. We’ve seen many dips before, but the market bounces back stronger. Every dip is an opportunity to buy more at an even cheaper price. You will only lose if you sell your coins.
For future traders: Use very low margin and low leverage. Staying away from the market on these three days will be better for you because you will see big moves on these three days and you can get liquidated easily if you use large margin and leverage, and never trade without a stop loss.
$ETH $BTC $BNB
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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