I’m only able to say one thing to those people who are once again falling into FOMO, failing to control their greed, and opening long positions on these coins.
Guys, look at BTC. It has started recovering from $67K.
And no doubt, when BTC makes a recovery, these coins could crash. Most of the coins at the top are rug-pull coins anyway, including $AKE $BARD and $SOPH
If you open longs on these coins and get trapped even once, you could waste a very important part of your life.
No doubt, taking short trades here is a little risky, but I’m willing to take that risk because funding rates are also in favour of shorters, and there is plenty of liquidity on the downside that could get grabbed.
That’s why I’m saying this again: deal with these coins according to the market situation.
Guys, look at BTC. It has started recovering from $67K.
And no doubt, when BTC makes a recovery, these coins could crash. Most of the coins at the top are rug-pull coins anyway, including $AKE $BARD and $SOPH
If you open longs on these coins and get trapped even once, you could waste a very important part of your life.
No doubt, taking short trades here is a little risky, but I’m willing to take that risk because funding rates are also in favour of shorters, and there is plenty of liquidity on the downside that could get grabbed.
That’s why I’m saying this again: deal with these coins according to the market situation.
