As the noise fades, the overpriced prices built through hype will eventually return to their rightful value🍃
$BSB
0.2084899 set up a 10x short; current price is 0.12693, +642.56%.
After the frenzy of overtrading fully dies down, the funds waiting to be left holding the bag gradually dry up. Ongoing sell pressure keeps releasing, and the market begins a deep downward channel.
Just like fan merchandise that became popular because of a burst of heat—once the novelty is gone, no one follows it anymore. The inflated bubble is slowly punctured, and the price keeps falling.
Take profit in batches to lock in the vast majority of gains, and keep only a very small position to ride the trend. Place your defense around 0.172.
If the price rises back and stands above the defense level again, there is a possibility that the downtrend could reverse. Exit in full and in time, and protect the substantial profits you’ve already secured.
#BsB $BTC
$BSB
0.2084899 set up a 10x short; current price is 0.12693, +642.56%.
After the frenzy of overtrading fully dies down, the funds waiting to be left holding the bag gradually dry up. Ongoing sell pressure keeps releasing, and the market begins a deep downward channel.
Just like fan merchandise that became popular because of a burst of heat—once the novelty is gone, no one follows it anymore. The inflated bubble is slowly punctured, and the price keeps falling.
Take profit in batches to lock in the vast majority of gains, and keep only a very small position to ride the trend. Place your defense around 0.172.
If the price rises back and stands above the defense level again, there is a possibility that the downtrend could reverse. Exit in full and in time, and protect the substantial profits you’ve already secured.
#BsB $BTC