Friends holding empty positions with $ETH and $BTC , stay calm! This is clearly a big show, intentionally driving up prices to lure retail investors to take over, allowing large players to cash out at high prices. The market direction is about to change in the coming days.
Stop thinking too much about technical analysis, resistance levels, and the like; they're all just illusions. Remember how it skyrocketed from over 60,000 to 100,000? Those so-called K-line adjustments didn’t matter at all. Bitcoin bulls, be careful!
Once Bitcoin crashes, Ethereum will be in trouble too, probably falling back to the 3400 to 3500 range. If that bottom line breaks, 3200 Ethereum won’t be far behind. It's all to harvest you greedy small retail investors!
Take my advice, run quickly! Sell what you need to sell, it's a sure thing that altcoins will generally drop by 30%. By then, the bull market won’t have anything to do with you; even if you can break even next year, how much time have you wasted waiting to break even? Is it worth it?
I am currently shorting ETH with my fans, entering around a cost of about 3670 is a good position, stop loss at 3760, and take profit at 3400, taking profits in batches.
Now the market correction is about to arrive, and the opportunity to buy the dip in altcoins is here! I have carefully selected a cryptocurrency expected to rise by 5-10 times, leave a comment + like for a free share!