$DEXE Prize pool still keeps increasing ๐ฅ
Brothers, DEXE once again refreshed a new stage low today. A lot of brothers who bought the dip and went long yesterday are basically trapped again today. ๐
Many people thought they could go in to earn the funding rate, but they didnโt really make money from the funding rateโinstead, their principal got harvested by the main force.
From the current market action, it looks like on-chain funds are continuously flowing out. The bounce strength of the longs is getting weaker and weaker, and with poor market absorption, sell pressure remains heavy. This kind of trend suggests that in-market capital is still quite cautious, and within a short time we havenโt seen any clear signs of a stop to the downtrend.
Big Brother Binโs short position is still being held and is currently up about $3,400. The short-term outlook remains bearish. Continue to watch the target around $1.
However, after consecutive big drops, volatility will also increase noticeably. If you want to enter a short, you need to control your position size, watch out for rebound risk, and set take-profit and stop-loss properly.
$BANK $ETH
#ๅๆฒนๆ่ดงๆถจ่ถ 4% #่กๅกๆญฆ่ฃ ่ขญๅปไธค่ๆฒ็นๆฒน่ฝฎ
Brothers, DEXE once again refreshed a new stage low today. A lot of brothers who bought the dip and went long yesterday are basically trapped again today. ๐
Many people thought they could go in to earn the funding rate, but they didnโt really make money from the funding rateโinstead, their principal got harvested by the main force.
From the current market action, it looks like on-chain funds are continuously flowing out. The bounce strength of the longs is getting weaker and weaker, and with poor market absorption, sell pressure remains heavy. This kind of trend suggests that in-market capital is still quite cautious, and within a short time we havenโt seen any clear signs of a stop to the downtrend.
Big Brother Binโs short position is still being held and is currently up about $3,400. The short-term outlook remains bearish. Continue to watch the target around $1.
However, after consecutive big drops, volatility will also increase noticeably. If you want to enter a short, you need to control your position size, watch out for rebound risk, and set take-profit and stop-loss properly.
$BANK $ETH
#ๅๆฒนๆ่ดงๆถจ่ถ 4% #่กๅกๆญฆ่ฃ ่ขญๅปไธค่ๆฒ็นๆฒน่ฝฎ