$AGT , absolutely savage—specializes in taking down every stubborn bull. Bulls are lining up to jump off the roof!
Don't let the market's little fluctuations fool you. Take a look at this liquidation chart and you'll see clearly! Long liquidations hit a whopping 96%. What does that tell us? It means the big players have already finished harvesting liquidity at the highs, and the longs who chased the rally are now being liquidated en masse. Short liquidations are slightly up in the ultra-short term, but compared with the pile of long positions, that's barely a resistance.
Bullish momentum has run out, and there's a huge overhang of trapped buyers above. Any rebound right now is a bull trap, designed to lure you into buying the dip and trap even more people. After a liquidation wave of this scale, prices usually keep sliding, because the market is packed with stop-loss orders and trapped positions. The slightest uptick will have people dumping their holdings to get out.
Old Qi's advice: keep your hands off the button. Don't delude yourself into thinking a reversal is coming. Going with the trend and shorting is the way to go. Going long now is just providing liquidity to the big players. Wake up, everyone!
The feed is delayed, but the market is full of opportunities. Want to keep up with Old Qi? He's waiting for you in the chatroom. Manage your risk, stay in rhythm, and let's seize the opportunities together.
#Ledger暂停CryptoBilis销售 $BTC
#比特币反弹至8.3万美元 $MAGIC
Don't let the market's little fluctuations fool you. Take a look at this liquidation chart and you'll see clearly! Long liquidations hit a whopping 96%. What does that tell us? It means the big players have already finished harvesting liquidity at the highs, and the longs who chased the rally are now being liquidated en masse. Short liquidations are slightly up in the ultra-short term, but compared with the pile of long positions, that's barely a resistance.
Bullish momentum has run out, and there's a huge overhang of trapped buyers above. Any rebound right now is a bull trap, designed to lure you into buying the dip and trap even more people. After a liquidation wave of this scale, prices usually keep sliding, because the market is packed with stop-loss orders and trapped positions. The slightest uptick will have people dumping their holdings to get out.
Old Qi's advice: keep your hands off the button. Don't delude yourself into thinking a reversal is coming. Going with the trend and shorting is the way to go. Going long now is just providing liquidity to the big players. Wake up, everyone!
The feed is delayed, but the market is full of opportunities. Want to keep up with Old Qi? He's waiting for you in the chatroom. Manage your risk, stay in rhythm, and let's seize the opportunities together.
#Ledger暂停CryptoBilis销售 $BTC
#比特币反弹至8.3万美元 $MAGIC