$TAC falls straight down three thousand feet
Today, TAC’s extreme plunge: the intraday drop is 60%. It directly dumps from the high and triggers a cascade of liquidations for many chasing long positions. The prior rally led by $BTR drew in quite a few retail traders to go long, causing a large accumulation of long positions at high levels.
The main force takes advantage of the market sentiment cooling off and quickly smashes the price. It keeps breaking through support one level after another; the Bollinger Bands open downward, and near-term sell pressure is extremely heavy.
After these kinds of “big-whale” coins surge violently under heavy centralized control, they are often followed by extreme sell-offs. The market is entirely controlled by the main fund. Without any fundamental support, speculative trading like this is hard to last. The short-term trend has now completely turned bad—don’t enter the market to catch the falling knife!
#BestBuy营收超预期上调全年指引 #美元创近四周最大涨幅
Today, TAC’s extreme plunge: the intraday drop is 60%. It directly dumps from the high and triggers a cascade of liquidations for many chasing long positions. The prior rally led by $BTR drew in quite a few retail traders to go long, causing a large accumulation of long positions at high levels.
The main force takes advantage of the market sentiment cooling off and quickly smashes the price. It keeps breaking through support one level after another; the Bollinger Bands open downward, and near-term sell pressure is extremely heavy.
After these kinds of “big-whale” coins surge violently under heavy centralized control, they are often followed by extreme sell-offs. The market is entirely controlled by the main fund. Without any fundamental support, speculative trading like this is hard to last. The short-term trend has now completely turned bad—don’t enter the market to catch the falling knife!
#BestBuy营收超预期上调全年指引 #美元创近四周最大涨幅
