The market situation of ether this time is really exciting. First, starting from the 2347 point, the pin-type stop loss directly cleared all the short orders, and then began the slow decline, bit by bit, with moderate fluctuations. This kind of trend makes many people think that they can easily make money by chasing short positions. For a while, they made a little money, and people became excited‼ ️
The results of it? Everyone was chasing the short side without thinking. At that moment, the ether rebounded as soon as it touched the 2180 point, and then there was a wave of yanking without looking back. The speed was dizzying. If you look carefully at the K-line chart, you will find that every time it pulls up, it will stop for a while, rest sideways for a while, and then it will surge again. During this period, many people had the illusion that "it cannot go up, so it will start short selling."
This wave of market conditions is like a well-planned plan to wash away the long positions and induce short positions, causing those short sellers who were lucky and did not set up stop losses to liquidate their positions one by one. They exploded one after another, directly clearing all their short orders. . Without this level of operation, it is really difficult for us to seize such opportunities.
#BTC #ETH #TRB
The results of it? Everyone was chasing the short side without thinking. At that moment, the ether rebounded as soon as it touched the 2180 point, and then there was a wave of yanking without looking back. The speed was dizzying. If you look carefully at the K-line chart, you will find that every time it pulls up, it will stop for a while, rest sideways for a while, and then it will surge again. During this period, many people had the illusion that "it cannot go up, so it will start short selling."
This wave of market conditions is like a well-planned plan to wash away the long positions and induce short positions, causing those short sellers who were lucky and did not set up stop losses to liquidate their positions one by one. They exploded one after another, directly clearing all their short orders. . Without this level of operation, it is really difficult for us to seize such opportunities.
#BTC #ETH #TRB
