3.1 Opening Position Secrets, Have You Captured These Signals?
The short position from yesterday, $XRP , has already achieved a 300% return rate! What effective information did I rely on to open the position at 3.1?
First, in the past three weeks, large whale addresses have massively reduced their holdings by 2 billion coins, creating the highest selling pressure this year; this signal cannot be ignored.
Next, looking at the 4-hour chart, an MVRV death cross has appeared, a signal that triggered a 30% crash at the end of March, so I personally feel that the likelihood of history repeating itself is very high.
So how should we operate next?
If there’s a rebound to 3.15, hesitate and quickly cut;
But if it breaks below 2.95, we can add to the short position, aiming for 2.8.
Additionally, in September, we need to pay attention to the results of the second ETF review; if it is delayed again, it may trigger a sell-off.
In a word, think boldly: this is only the midway point; 2.48 is the ultimate battlefield! Those who want to avoid unnecessary detours should keep up with my rhythm; I provide first-hand information and top-notch layouts to my followers, allowing for easy profits with real-time strategies. If you agree, just come along!
