Yesterday, the sharp drop in ETH was comparable to the previous days' short sellers, and it can basically be likened to a total annihilation of the army. This is the tactic and strategy of Ethereum traders; retail investors generally do not know what a support level is, and many do not even know how to set take-profit and stop-loss orders, not to mention how they got liquidated. In fact, the cryptocurrency market is unfriendly to newcomers because every step you take could mean paying tuition.

Many people still hold on when the support level is broken, which shows the difference between you and Fei Ge. This is also the difference between having a strategy and not having one. You need to understand how to go with the flow instead of thinking in reverse.

This round of cleansing resulted in a drop of nearly 600 points, and ordinary retail investors can get liquidated in an instant. This is also the third major cleansing this month; it is estimated that many people will be exiting the market here. Following Fei Ge's steps can help avoid many pitfalls. If the direction is wrong, cut losses in time and come back next time, rather than stubbornly holding on until the end. $BTC $ETH #加密市场回调 #特朗普罢免美联储理事库克 #币安Alpha上新