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Derricky Prime
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Derricky Prime
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I would like to take e moment from all of you about my story from last crypto crash of 11th Oct. When the market crashed and over $19B got wiped out in hours, I was one of the traders caught in the storm. My futures account got completely liquidated — around $15,500 gone in a flash. Watching those red candles felt like watching months of effort disappear. My trades was on $ENA , $PENGU and $LINK . But here’s what surprised me. After the chaos settled, Binance quietly started a recovery initiative — compensating affected traders who met specific criteria. A few days later, I opened my account and saw a $4,000 distribution credited back. No other exchange did that. Binance didn’t have to. Yet they did — because trust still matters in this market. This crash reminded me of one thing: in crypto, you can lose your trades, but not your faith when you’re trading on the right platform. #TrendingTopic #PowellRemarks #BinanceMegadrop
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📘 Candlestick of the Day: The Morning Star (Powerful Reversal Signal) > The Morning Star = the moment bears lose power. 🔹 Appears at the bottom of a downtrend 🔹 3-candle pattern (Bearish → Small Body → Strong Bullish) 🔹 Best confirmed with RSI > 40 Save this and spot the next crypto reversal early! #CandlestickPatterns #BinanceSquareFamily #TechnicalAnalysis #cryptotrading #writetoearn
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I admire your skills bro, help me turn $3 to $100
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“Millions Lost Overnight: Lessons from the Noisy Market” Headline: 📉 Millions Lost Overnight — Lessons from the Crypto Chaos Body: > The recent crash wasn’t just numbers on charts—it was hundreds of thousands of traders watching their positions evaporate. Over 402,000 traders were liquidated, with $1.7 billion wiped out in long positions alone. What went wrong for many: • Excessive leverage: too much borrowed capital amplifies risk. • Poor entries: momentum shifts ignored, breaking of key moving averages (EMAs) not respected. • Lack of diversification: too much exposure to “hot” alts or speculative tokens without solid use cases. • Emotional responses: trades held far past risk tolerances, no triggers for exit. Indicators & signals worth watching: ‣ RSI drops into oversold zones → possible bounce, but only with volume. ‣ EMA/MA crossovers: when short MA drops below long MA, signals downward momentum. ‣ Volume surges on down moves often precede further drop unless buyer accumulation is obvious. ‣ Sentiment shifts in derivatives markets: funding rates, open interest declines. Recovery plan for those in red: 1. Stop loss adjustment / define accept-able loss: Accept some losses to protect the rest of your capital. 2. Partial re-entry: Use small positions to test support zones rather than going all in. 3. Stay liquid: Keep cash or stable assets ready to deploy when opportunities/fundamentals line up. 4. Education & rules: Have a checklist before entering trades — risk/reward ratio, liquidity, exit strategy. 5. Avoid revenge trading: Trying to “win back” losses quickly often leads to deeper drawdowns. Final thought: A market that forces many to exit positions is scary, but it also sets the stage for strong recovery for those who prepare. Discipline, patience, and clear strategy win in the long run. #cryptotrading #lossrecovery #RiskControl #Write2Earn #BinanceSquare
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“Yesterday’s $1.5B Crypto Liquidation: What Traders Must Know” Headline: 🛑 $1.5 Billion Liquidated in 24h — Why So Much Pain & What Comes Next > Yesterday’s market was brutal: crypto saw a broad-based sell-off that led to over $1.5 billion in positions liquidated in only 24 hours. Longs took the brunt. Key metrics: Bitcoin dropped ~3%, slipping under $113,000 before partially recovering. Ethereum plunged as much as ~9%. Over 400,000 traders were liquidated. What triggered it? 1. Overcrowded long positions → cascading liquidations. 2. Macroeconomic concerns and regulatory jitters. 3. Token unlocks, weak altcoin support, leverage abuse. What this means going forward: • Expect more volatility—prices will likely test support zones (e.g. for BTC ~$110-112k) and resistance zones. Altcoins are the most exposed; watch for sharp correction cascades if Bitcoin leads down. Sentiment is fragile. Weak catalysts could magnify sell pressure. Recovery Strategy: ‣ Don’t panic-sell: losses are painful but often locked in by reacting emotionally. ‣ Reassess risk: reduce leverage. Keep stop-losses tight. Position size conservative. ‣ Diversify: not all crypto moves together. Hold some stablecoins / less volatile assets. ‣ Use volatility to your advantage: consider dollar‐cost averaging into strong support zones rather than trying to perfectly time the bottom. ‣ Review your portfolio: rotate out underperformers that have weak fundamentals or poor liquidity. Conclusion: This massive liquidation wave is painful, but it may also be cleansing—forcing out overstretched positions and weak hands. Those who go into the next leg with discipline, clear strategy, and sound risk management may come out ahead. #cryptocrash #Liquidations #BTC走势分析 #ETH #RiskManagement
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