The crow is back again to explain! This time the theme is will cryptocurrency pull back?
What the crow actually wants to say is whether the market will pull back depends on three points:
1. Large capital movements: If Bitcoin ETF has a net outflow for three consecutive days (currently inflowing 280 million USD per day), it might drop by 8-12%.
2. Leverage risk: Contract leverage piled up to 38 billion USD (currently 32 billion), a 5% drop could lead to a liquidation of 1.5 billion.
3. Miners dumping: If miners sell 900 coins daily (currently 500), it becomes dangerous.
Time prediction:
Mild pullback: 2-3 weeks to drop to 65,000 USD.
Moderate pullback: 1-2 months to drop to 58,000.
Crash: A black swan event could cut it in half to 48,000, enduring 3-6 months.
Operation guide: Reduce leverage, hoard stablecoins for interest, buy crash insurance (options). Focus on the ETF funds every Wednesday and options expiry every Friday, as these two days are most likely to change the trend!
Remember the leader of the crypto world, Crow! Opportunities and risks coexist in the crypto sphere; stay vigilant and timing is key. I also found a short-term project with huge potential for a surge, it could double! If you want to keep up, click on my avatar to follow me, sharing for free!
