Yesterday I was really not sure whether it would go up or down. I could only be certain that once it starts, in the end it will test around the upper or lower channel boundary. I can only do my best to limit losses from getting bigger during the back-and-forth game. Regarding the ETH “needle” insertion position, both channel charts are already marked. And for BTC’s 85,300 as the relay point, that’s also something I’ve marked as well. They’re all positions controlled and orchestrated by the market maker—almost exactly to the point.
At noon, BTC liquidated a position of more than $40 million at the time of the needle. For ETH, at noon and at 4 p.m. it liquidated $9 million and $11 million positions, respectively. If it weren’t for the conservative approach, the loss would have expanded to three times.
At noon, BTC liquidated a position of more than $40 million at the time of the needle. For ETH, at noon and at 4 p.m. it liquidated $9 million and $11 million positions, respectively. If it weren’t for the conservative approach, the loss would have expanded to three times.
