$BTC lifting channel and then down | iEfra on Binance Square

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$BTC lifting channel and then down

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BTC

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-2.53%

427

0

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Im still following altcoins rally yesterday was amazing today it's going to be nice too

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close it, price will still going down

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Watch out! Multiple tokens have been relentlessly dumped for three straight days. The charts reveal a consistent downward trend, not due to manipulation, but because significant wallets are aggressively selling. This points to a concerning scenario: both the development team and the exchange appear to be dumping their tokens! Risk-off signals are flashing: USDT is on the rise. Bitcoin Dominance is surging. This clearly shows money flowing out of riskier assets into safety. Right now, only those trading futures can potentially capitalize on this situation—holders are left holding the bag, forced to absorb losses with no way out. #BTCDOMINACE #USDT

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Here's a simple indicator of why most traders lose money: the funding rate. Typically, traders aggressively short strong uptrends. They also tend to long weak downtrends, hoping for a quick rebound. Driven by the desire to outsmart the market and chase outsized profits, they overlook a crucial fact: data reveals that the majority of losing traders think and act this way. Futures trading is more than just chance. To improve your odds, focus on two key elements: 1️⃣ Price Action: Analyze why the market is moving as it is. Understand market makers' intentions and align your trades accordingly. 2️⃣ Crowd Behavior: Observe short- and mid-term sentiment and consciously avoid following the herd. Consistent profits rarely belong to the majority.

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