$TROY dropped 60% in one day
There is no technical reference value
No one can predict this kind of market
Many people opened short positions above 0.0007 and 0.008, with returns over a thousand
These positions are considered left-side shorting at the top, which is highly discouraged
To put it bluntly, this time the market makers provided the opportunity, successfully hitting the top
But what about next time? What about the time after that?
It’s impossible to always have such good luck
You may successfully hit the top ten times, but as soon as you fail once, you’ll be back to square one
If you participate in shorting midway, what if you encounter a volatile coin?
Coins like TRB and UXLINK have experienced many sharp drops during their upward trends
Before the market has established a clear direction, how do you know this is the top?
In a one-sided market, shorting at the top, with a little carelessness, could lead to being trapped
If you don’t set a stop-loss, you can only wait for liquidation or suffer significant losses to exit
After a sharp drop, if you want to catch the bottom, you can refer to TRB
From over 500 down to over 200, catch the bottom!!!
If it drops to over 100, I’ll catch it again!!!
If it drops to over 50, it's definitely the bottom, go all in!!
But is 50 really the bottom?
No one knows, maybe it is, maybe it isn’t
Until the market has established a clear direction, those who claim to know the top or bottom are just bragging
The current price of TROY is around 0.0004
Many people think this price is very low and want to catch the bottom
But it’s really not recommended
You can review the price action of UXLINK yourself
After the sharp drop, there was only a small rebound, then it continued to decline
TROY is likely to be similar
It may experience a small rebound followed by a continued decline
For such volatile coins, you can participate in the upward trend before the sharp drop
But after the sharp drop, it's best not to touch them at all
Let alone try to catch the bottom
With hundreds of assets in the market, there’s no need to fixate on it
#TROY #BTC #ETH #SOL
There is no technical reference value
No one can predict this kind of market
Many people opened short positions above 0.0007 and 0.008, with returns over a thousand
These positions are considered left-side shorting at the top, which is highly discouraged
To put it bluntly, this time the market makers provided the opportunity, successfully hitting the top
But what about next time? What about the time after that?
It’s impossible to always have such good luck
You may successfully hit the top ten times, but as soon as you fail once, you’ll be back to square one
If you participate in shorting midway, what if you encounter a volatile coin?
Coins like TRB and UXLINK have experienced many sharp drops during their upward trends
Before the market has established a clear direction, how do you know this is the top?
In a one-sided market, shorting at the top, with a little carelessness, could lead to being trapped
If you don’t set a stop-loss, you can only wait for liquidation or suffer significant losses to exit
After a sharp drop, if you want to catch the bottom, you can refer to TRB
From over 500 down to over 200, catch the bottom!!!
If it drops to over 100, I’ll catch it again!!!
If it drops to over 50, it's definitely the bottom, go all in!!
But is 50 really the bottom?
No one knows, maybe it is, maybe it isn’t
Until the market has established a clear direction, those who claim to know the top or bottom are just bragging
The current price of TROY is around 0.0004
Many people think this price is very low and want to catch the bottom
But it’s really not recommended
You can review the price action of UXLINK yourself
After the sharp drop, there was only a small rebound, then it continued to decline
TROY is likely to be similar
It may experience a small rebound followed by a continued decline
For such volatile coins, you can participate in the upward trend before the sharp drop
But after the sharp drop, it's best not to touch them at all
Let alone try to catch the bottom
With hundreds of assets in the market, there’s no need to fixate on it
#TROY #BTC #ETH #SOL
