0xggy

Loan stud is over, last chance to get a loan

😧 Isn't it all about spending money when you fall?
Doesn't crypto require spending money?

Huh?

Reasons for the Decline Found: Wildfires Have Reached Crypto

[Los Angeles News] Recently, wildfires have once again ravaged California, with high-end communities like Malibu being hit the hardest. The Malibu area is known for its concentration of wealthy individuals, including many globally renowned celebrities and entrepreneurs. However, in the face of the fierce attack from the wildfires, many have lost their homes in an instant. A significant portion of these affluent families hold cryptocurrencies such as Bitcoin and Ethereum, which have previously been regarded as an important part of their investment portfolios.
The head of a blockchain research institution in Los Angeles pointed out: "The recent price fluctuations in the cryptocurrency market may be related to the massive sell-off triggered by the wildfires. Many affected families need to liquidate quickly to meet reconstruction demands, and selling crypto assets has become the fastest way to do so."
Data from cryptocurrency exchange Coinbase also shows that within a week after the outbreak of the wildfires, the trading volume of Bitcoin from Los Angeles and surrounding areas surged, particularly in large transactions. Individuals in the tech industry revealed that the proportion of investments in cryptocurrencies among tech talents in Silicon Valley and Los Angeles is relatively high, and the destructive blow from the wildfires has forced them to choose short-term liquidation.
A representative of an affected family who wished to remain anonymous stated: "We lost almost everything in the fire, but we are grateful for our previous cryptocurrency investments. These assets allowed us to quickly raise funds and start over."

The eternal pain in the heart
If I hadn't traded cryptocurrencies back then
I would have made a fortune now, right?

[Strategy tracking] You can continue to place orders for short BTC orders. If the long orders are a little short of the entry point of 54,000, you can cancel the long orders first.
At present, we have given the strategy of BTC, ETH and sol, because sol is the strongest in this round of rebound, followed by BTC, and ETH is the weakest.
The fluctuations are relatively in the same direction, so we choose to short the weakest and go long the strongest. In the short term, you can choose to place orders to short ETH or BTC, and place orders to go long sol. In this way, cross-product combination arbitrage has a higher probability of profit.

Target: wld
Direction: long
Opening position: 1.7 1.65
Stop loss position: 1.54
Leverage: 12x

[Contract Strategy] BTC long order: long around 53900-54000, stop loss below 52500, target 57000/59500.

BTC short order: short around 59500-60000, stop loss 62050+, target 54000/50000.

It is recommended to operate within 5 times leverage, and the strategy is effective this week.
The weekly and daily lines are still in a bearish trend. BTC rebounded at the key support and temporarily showed a short-term bottom signal. The four-hour level needs to pay attention to the gains and losses of the upper resistance and the lower support as a trading reference. Continue to focus on high-altitude and assist low-long.

The crypto market has some people happy and some worried. The biggest winners are those who earn commissions, such as public chain exchanges.