Quick news for gamblers who enjoy flipping coins:
1. $ETH is experiencing a bearish divergence of 3 segments on the 4-hour chart. Previously, $BTC was similar, so I went in STRONG SHORT and got burned 😖 From that, I learned that: It will drop unless no one is SHORTING anymore, and those holding SPOT should optimize profits by gradually taking profits 👍
2. Over 70% of Bitcoin's supply has not moved in more than a year. I predict that this month #Bitcoin will run within the range of $104k +- 3%, but it seems that's not right. It will likely break the peak this week or at the latest next week 💥
3. If anyone has already taken profits on Bitcoin and is hoping for a price drop to buy back, remember this: If by some twist of fate you touch #altcoin, only approach it like a coin flip, lottery, or betting. What does that mean? Always cut losses if you violate investment rules👌 Buy $SOL at $170, cut losses at $140, so when it drops to $140, cut immediately without hesitation 👊
4. There are no new participants, so FOMO is absent. Personally, I see that the #altcoin market recovery is not sustainable. I'm not sure and do not recommend, just that on-chain data indicates this, let's see 👊
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BTCUSDT
Perpetual
108,521.4
-1.22%