In fact, this kind of market trend occurs every once in a while. Refer to the trend in the chart at the end of June; it's basically identical.
It broke through the major channel - broke through the range - broke through the moving average - subsequently recovered - consolidated for a few days - long positions stopped out - long positions chased shorts - violent surge - shorts trapped - shorts bleeding heavily - ...😃
As soon as you open your phone, what greets you is: "Black Swan," "Bear Market," "Doomsday," and then retail traders start staring at the market 24/7, hedging and locking positions, borrowing to add margin, looking everywhere for analysts to analyze the market, seeking help to break even, keeping an eye on insider news, searching for the wealth code, looking for strategies to get rich. 🤣
It's just the market's manipulation methods. As more and more Wall Street institutions enter the market, it's becoming increasingly difficult for retail traders. If you don't get off the bus, they won't drive it up, and they even have to grind it until you want to chase the shorts before they push it up. That's why I never recommend high leverage and heavy positions unless you have your own closed-loop trading system; otherwise, you will definitely fall before dawn. $ETH
It broke through the major channel - broke through the range - broke through the moving average - subsequently recovered - consolidated for a few days - long positions stopped out - long positions chased shorts - violent surge - shorts trapped - shorts bleeding heavily - ...😃
As soon as you open your phone, what greets you is: "Black Swan," "Bear Market," "Doomsday," and then retail traders start staring at the market 24/7, hedging and locking positions, borrowing to add margin, looking everywhere for analysts to analyze the market, seeking help to break even, keeping an eye on insider news, searching for the wealth code, looking for strategies to get rich. 🤣
It's just the market's manipulation methods. As more and more Wall Street institutions enter the market, it's becoming increasingly difficult for retail traders. If you don't get off the bus, they won't drive it up, and they even have to grind it until you want to chase the shorts before they push it up. That's why I never recommend high leverage and heavy positions unless you have your own closed-loop trading system; otherwise, you will definitely fall before dawn. $ETH
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