I don't understand what the exchange is trying to achieve by holding a contract competition 😑 Is it just to have KOLs promote your contract products more?
As we all know, the survival cycle of retail traders in contracts is about a month; after that, they either get liquidated or incur significant losses!
If you have any thoughts, you might as well focus on providing quality spot trading to help retail traders make some money, rather than thinking about scamming them! 😅
Retail traders are the foundation of the exchange!
This is a top-tier project that may issue tokens soon, with a total valuation close to 18 billion USD. It originally didn't have good liquidity, and will further drain it! The emergence of these projects does not bring any useful value to web3!
If they choose to issue tokens in the second half of the year, even if there is a bull market, it will be crashed by these vampires!
The decline will come, at least not now! Still the same saying: the bottom line determines the mindset!
When everyone is bearish, I will be bullish. It's not based on sentiment, nor on data, but on the confidence given by subjective and structural techniques! #ETH price 2667
First of all, they definitely are not contract players. None of the contract players I know are making money. Even if they made money at some stage, the final result is still a total loss. In fact, 90% of the essence of contracts is gambling, making money through probability. Only the remaining 10% can earn money through skill. Here is a piece of advice for those who want to recover losses or make money through contracts: so many people who lose money still stay in the crypto circle just to recover their losses. However, there is a harsh reality: most people cannot recover their losses and cannot make money, especially those who want to recover losses through contracts. They are simply delusional. The few who make money through contracts in the market are rare, and it is very few. Don’t fantasize about why you are not that person. To be honest, if you want to recover losses through contracts, you are really not cut out for it. No matter how much you lose, it’s the same. Even if you go bankrupt, it is impossible to recover losses through contracts. Therefore, I advise those who want to recover losses through contracts to quit contracts, or in other words, to quit gambling.
The Bitcoin market has a sense of conspiracy, it feels like it's about to start, looking to rise by five or six points, the current price is 105,000 USD!
Altcoins are also surging strongly today, only a few large-cap altcoins have not seen much movement!
Today I bought some #LINK #AVAX #ENS I believe altcoins will have a strong rebound at this position, all are good targets!
The sun needs to catch up, the 4-hour candlestick has rebounded strongly, key position for the rise, the next key position is 166,
To say it again, currently there is no sign of the market collapsing, experience tells me that conclusions should be drawn from the trend rather than foolishly indulging in my own thoughts,
The market is ever-changing, do not try to pick the top or guess the peak. What we need to do is follow the rhythm and emotions of the market to complete each transaction.
$ETH's market manipulation is too strong, the contract has moved 60 billion dollars in positions, but the spot is still secretly increasing its holdings, it seems not satisfied yet.
Currently, this support level at 2490 is very critical! If it goes up, it will directly break through 3000 dollars! If it goes down, it will directly reach the 2300 level.
I said long ago that the whale for $ETH hasn't run away! This time ETH will rise above 3000!
The main force behind $ETH has been continuously increasing their spot positions, still in the stage of adding positions while in profit,
I believe that ETH will release some super positive news soon! Then it will break through, the whales haven’t let the trend go bad, proving that they will continue to push the price up!
Next, let's look at the operations of the main force behind $BTC! If it stabilizes and oscillates upwards, the altcoin market will immediately appear! And it will perform beautifully!