$LAYER raised the price and sold off, but no one is picking it up. It is estimated to drop by 80%, and then someone will pick it up to buy at the bottom. You are the big player. Do you think it's better to drop from 2u by 80% or to go up to 10u and then drop by 80%? It is definitely possible to pull it up as high as possible, until there are no short positions left. Then it can drop by 80%. Before the drop, each short position counts as one. The money from the liquidation of short positions is what the big player makes when going long. For spot trading, they can do it without spending a dime, just transferring back and forth. They pull the price up, and they only profit from the long contracts. When it has multiplied several times, no one dares to short anymore. All previous short positions have been liquidated. At this point, it makes no sense for them to pull the price up anymore because they can't make money from it. They can only drop it. But as long as there are still short positions, it won't crash. So their strategy is to continually lure in shorts. That's how they make money. So it's better not to do it. Shorting is guaranteed to lead to losses. In the cryptocurrency circle, making several times in a day does not violate the rules. Can you handle it? If you can handle it, then it's fine. The next day, they can pull it up several times more. As long as you follow and go long, you can almost wipe out all the shorts. Then exit. There's no need to take that crash because it's very hard to catch. You can ask how many people actually caught that 80% crash.
In the past two weeks, Bitcoin was around 60,000, and I predicted that it would rise to 70,000. Now this point may be a technical correction, and the general trend remains unchanged.
It's a very painful long-short oscillation. Sometimes I sell long, sometimes I sell short. It turns out that the idea of making 200 yuan a day is unrealistic. Does anyone have an automated trading strategy algorithm to help me?
The most failed operation in the past month was Pepe's liquidation, which was opened at a low multiple. The callback point was also seen from the daily line. I was lucky that I didn't increase the margin, or I made a profit in the past few days. Gave up a month's worth of profits. Fortunately, another account is still profitable this month. The current market seems to be at a crossroads. It can go up or down, but I guess more people believe that it is not the end of the bull market, so we will wait and see.
The adjustment of BTC to between 34,000-36,000 that I mentioned a few days ago has been partially realized. In the next 1-2 weeks, it is still recommended not to chase the rise. Most varieties are better at highs.
BTC will continue to fluctuate downward, with support between 34,000 and 36,000
BTC will continue to fluctuate and decline, with support probably between 34,000 and 36,000; it is recommended not to chase highs, but to sell high and buy low within the range
Expect the big cake to adjust to between $34,000 and $38,000 in 1-2 months, and other cottage coins will fall into place, and the value of the second round of increases will be reflected. There are more new airdrops, which disperse funds. In the shock, we must seize individual opportunities.
Btc is still consolidating, preparing for the next rise. Recommend avax, gala, the adjustment is almost done, and the market will come soon. #AVAXUSD #gala
The company is in a recession, and I might lose my job when my contract expires in April next year. Now bet your money on the Bitcoin market, hoping to find a way out.
I really admire the brothers who open contracts of 100 times or more. That requires catching good opportunities like a hunting dog. I've been blowing up less lately with 5 times or more, and I'm also training myself to wait for a chance to come back even if I lose money when I think it's a bull market, and wait for a higher point even if I make a profit. But sometimes when I see the profit and loss switching, it's still hard to keep my emotions completely steady.