, the reason is shorting BTC, shorting from 78000 all the way to now, stopped out from 79000 to 83329, ultimately fell, leaving behind a phrase that will be passed down through the ages: 'Do not short BTC, no matter who.'
As the weekend approaches, the Bitcoin market continues to exhibit a volatile trend, with the fluctuation range maintained between $92,000 and $96,000. Looking back at yesterday, the Bitcoin price fluctuated mainly around $94,000. Unless unexpected events occur, it is highly likely that today's market will continue this volatile trend. The current market direction remains unclear and largely depends on the sentiment of U.S. investors after the opening of the U.S. stock market.
Everyone may as well enjoy a peaceful weekend. The new market volatility stimulus will have to wait for the recovery of liquidity in the U.S. market, especially as the CPI data is set to be released next week, and with Trump's inauguration approaching, market turbulence is not expected to last too long.
Currently, $92,000 has become a key watershed in the short-term game between bulls and bears, with resistance levels above in the range of $96,000 to $97,500. If the price falls below $92,000, the bearish forces will gain the upper hand; conversely, if it can hold above $96,000, it indicates bullish strength.
Overall, the right-side trading strategy remains the mainstream in the current market. Next week is the last trading week before Trump takes office; let us patiently wait for clear trading signals.
The market generally expects Trump to release favorable signals for cryptocurrency after taking office, which may bring new investment opportunities.
Shocking! 90% of people in the cryptocurrency circle ignore the secrets of contract explosion prevention
In the field of cryptocurrency, which is full of excitement and challenges, contract trading attracts countless investors with its high leverage and high returns. However, high returns are often accompanied by high risks, and contract liquidation has become a nightmare for many investors. Today, we will provide you with practical tips to avoid contract liquidation, to help you move forward steadily in the cryptocurrency circle.
1. Understanding contract liquidation
Before understanding how to avoid a margin call, we must first understand what a margin call is. A margin call is a financial derivative where investors predict the price trend of digital currencies, choose to go long or short, and use leverage to amplify their earnings. But leverage is a double-edged sword. When the market trend is contrary to investors' expectations and the loss reaches a certain level, in order to avoid further losses, the platform will force a liquidation, which is a margin call.
Trading is an economic activity full of various variables, which has different interpretations in the eyes of different people. Some people understand gambling by relying on intuition and luck, betting everything on one throw, treating the market as a casino, leaving everything to fate between ups and downs, and every order to open a position is like buying and leaving it.
Another type of people like to study the market rules in detail, weigh the pros and cons, just like playing chess on the board, with a sound of the pieces falling, step by step, using wisdom and strategy to attack and defend in the trading market, control the situation and seek benefits!
🚀Meme Token CAKEDOG's Market Cap Surpasses 4 Million USD! CAKEDOG is issued on the SpringBoard platform based on PancakeSwap, which provides features like quick deployment, no startup costs, and automatic LP addition to help projects take off quickly. What do you think about this new type of issuance method? Feel free to share your thoughts in the comments! 📈
On March 28th, SBF will start trial at 21:30 pm, which is good for FTT/SOL/SBF and SOL series related assets. On March 29th, at 16:00 pm, the largest quarterly settlement in history will be ushered in, with the total settlement amount of BTC and ETH options exceeding 15 billion US dollars, which is bad news. On April x, ETH will be pledged again, which is good for ETHFI/ALT/Pendle. If you encounter low-priced chips, take them. On April x, the chain game was launched, which is good for the entire chain sector ygg/bigtime/gala/portal/pixel On April x, blur was connected to blast, which is good for blur On April x, CryptoGPT announced the launch of its LayerVPN Chrome extension next month, which is good for gpt On April 1, the ton fund began public sales, which is good for ton On April 1, doge futures were connected, which is good for doge On April 2, apt was connected to rwa, which is good for apt On April 3, PIXEL - Pixels will take a snapshot of the "Pixles Farm Land" NFT on April 3. Good for pixel On April 3, at 0:00 p.m., the minutes of the Federal Reserve meeting were bad for the market, and the needle was connected On April 4-6, during the Qingming Festival holiday, it was bad. On April 4, BCH halved, good for BCH April 6-9 Hong Kong conference, good for CFX/ACH/KEY/MASK On April 14, BSV halved, good for BSV On April 15, Pendle launched re-staking, good for Pendle Before April 17, SEC sued Coinbase for 12 securities, bad for SOL, ADA, MATIC, FIL, SAND, AXS, CHZ, FLOW, ICP, NEAR, VGX, DASH and NEXO, provided that Coinbase had no evidence to prove that they were not securities. Dogeday on April 20, good for DOGE Around April 20, BTC halved, and the market may be bad for the three days before and after. After that, the market recovered, good for BTC second layer stx/ckb/ On April 30, stx reduced production, good for stx May, ETH spot ETF hype June is the hottest month for interest rate cuts In June, the European Cup began to hype Apple's online Global Developer Conference, focusing on artificial intelligence.
There are currently 3 major events that affect the market, all of which happened today: The first major event: a huge amount of BTC options delivery, no substantial negative impact, but emotional negative impact The second major event: PCE data release PCE data will be released at 8:30 p.m. tomorrow. If it is higher than expected, it will be negative impact. The third major event: Powell's speech Federal Reserve Chairman Powell will give a speech at 11:30 p.m. tomorrow
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