$US That recent rebound—guys, you didn’t rush in and chase longs, did you?
As soon as it bounced, I reckon quite a few people couldn’t sit still, thinking the market was about to reverse, and hurried to open long positions. But what happened? Sometimes something looks like an opportunity, when it might actually be a trap! Brother Bai has been watching closely, and didn’t see any obvious large-scale buying during the rebound, so whether the rally can continue is still a question mark. Chasing longs just because the price is moving up can easily leave you trapped again, so Brother Chuan is still simply bearish.$BAT
Still unsure where the trend is headed? Come chat in the [Chatroom]! Brother Chuan will keep watching to see whether this trend turns downward!$MAGIC #XRPLedgerPatchesXRPCreationBug #STRKRisesAbout20%In24Hours
As soon as it bounced, I reckon quite a few people couldn’t sit still, thinking the market was about to reverse, and hurried to open long positions. But what happened? Sometimes something looks like an opportunity, when it might actually be a trap! Brother Bai has been watching closely, and didn’t see any obvious large-scale buying during the rebound, so whether the rally can continue is still a question mark. Chasing longs just because the price is moving up can easily leave you trapped again, so Brother Chuan is still simply bearish.$BAT
Still unsure where the trend is headed? Come chat in the [Chatroom]! Brother Chuan will keep watching to see whether this trend turns downward!$MAGIC #XRPLedgerPatchesXRPCreationBug #STRKRisesAbout20%In24Hours