With this wave of cheems, you're going to get rich!
空头小王子
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The significant drop in the trade war is definitely due to leveraged positions being liquidated, so it is not yet that time. Increasing tariffs will lead to the bankruptcy of foreign trade companies, which will translate to a stock market crash. Right now, it's just an appetizer; the balloon of leverage hasn't been popped yet. There will definitely be a Black Monday, and the reason will be the comprehensive liquidation of leverage.
BTC will also drop; the long-term myth of it not dropping has led to more and more leveraged long positions, and these are the powder kegs for the decline. Once it crashes and liquidations occur, it will be a chain reaction of drops, with a 30% decline in a single day being very possible.
The next strategy is to set up short positions on junk coins in advance. Currently, I have shorted Layer, ZRO, Cheems, and others, and I'm preparing to buy BTC after the liquidations happen. This wave is going to make me rich.
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