That unrealized order I had—this morning the market slapped it out of existence.
You can’t say it’s not embarrassing: day 12 of the live-trading diary. Honestly, it’s a bit humiliating. The system was still showing a bearish bias yesterday, but when I checked, the whole market got liquidated—$674 million in liquidations. A large portion of the shorts got carried out. The thing is, ETH only rose 0.4% in a day to $2,522—high $2,546, low $2,507. It looks like a dead pool, but actually those dozens of dollars up and down were all churned out by liquidations feeding the move. $XAUT
For BTC and ETH, their 4h charts are both ranging. The system is telling me to observe… I didn’t dare flip and chase longs—I chickened out… This kind of rebound driven by short liquidations is the easiest to get trapped if you chase in and end up at the top. SOL and PEPE are lively, though—the place where retail crowds in moves way more than ETH, and I
You can’t say it’s not embarrassing: day 12 of the live-trading diary. Honestly, it’s a bit humiliating. The system was still showing a bearish bias yesterday, but when I checked, the whole market got liquidated—$674 million in liquidations. A large portion of the shorts got carried out. The thing is, ETH only rose 0.4% in a day to $2,522—high $2,546, low $2,507. It looks like a dead pool, but actually those dozens of dollars up and down were all churned out by liquidations feeding the move. $XAUT
For BTC and ETH, their 4h charts are both ranging. The system is telling me to observe… I didn’t dare flip and chase longs—I chickened out… This kind of rebound driven by short liquidations is the easiest to get trapped if you chase in and end up at the top. SOL and PEPE are lively, though—the place where retail crowds in moves way more than ETH, and I
