“Magic Big Brother” Huang Licheng continues to add to his ETH long positions. Currently, he is going long 20,400 ETH with 25x leverage, with an unrealized profit of 3.95 million USD; he is going long 80 BTC with 40x leverage, with an unrealized profit of 30,000 USD; and he is going long 133,000 HYPE with 10x leverage, with an unrealized profit of 320,000 USD.
I’m especially annoyed by how the news intentionally chooses what to report in order to guide everyone toward a certain direction. Once you’ve watched enough of it, you can see the pattern.
For Magic Big Brother, I think as long as he keeps going long on Ethereum and holds on, one day Ethereum will rise and he’ll be able to earn back what he’s lost. Also, I haven’t seen any news about Magic Big Brother for many days. I don’t want to see his updates either. After all, I don’t trade Ethereum—he’s been going long all along. With major news coming out, Ethereum keeps falling. But now suddenly news has surfaced. Could it mean Ethereum is about to start dropping?
I took a look at how Bitcoin is moving—it has reached the lower end of the 730–760 range, around 730. If it can’t break through and hold steady between 760 and 730, it may likely keep oscillating around 730, and then drop. Does Magic Big Brother’s news imply that a drop is coming immediately?
On Binance, the big BTC positions are: 680 for pumping; MicroStrategy at 780; institutions at 800. As long as BTC keeps rising, everyone starts to be in profit. Instead of discouraging the rally, it will actually create an added “stacking” effect—people make money but don’t sell, they keep buying, and it keeps going up!
@Richard Teng @Yi He @CZ
$BTC
$ETH
I’m especially annoyed by how the news intentionally chooses what to report in order to guide everyone toward a certain direction. Once you’ve watched enough of it, you can see the pattern.
For Magic Big Brother, I think as long as he keeps going long on Ethereum and holds on, one day Ethereum will rise and he’ll be able to earn back what he’s lost. Also, I haven’t seen any news about Magic Big Brother for many days. I don’t want to see his updates either. After all, I don’t trade Ethereum—he’s been going long all along. With major news coming out, Ethereum keeps falling. But now suddenly news has surfaced. Could it mean Ethereum is about to start dropping?
I took a look at how Bitcoin is moving—it has reached the lower end of the 730–760 range, around 730. If it can’t break through and hold steady between 760 and 730, it may likely keep oscillating around 730, and then drop. Does Magic Big Brother’s news imply that a drop is coming immediately?
On Binance, the big BTC positions are: 680 for pumping; MicroStrategy at 780; institutions at 800. As long as BTC keeps rising, everyone starts to be in profit. Instead of discouraging the rally, it will actually create an added “stacking” effect—people make money but don’t sell, they keep buying, and it keeps going up!
@Richard Teng @Yi He @CZ
$BTC
$ETH