$ETH $BTC Wow, these two are stubbornly hammering the price down. The bulls haven’t put up even a decent resistance...
Bitcoin is stuck around 77,000, and Ether is grinding around 2,240. It looks like they’re taking a breather, but really they’re just waiting for the next drop.
The data backs it up too: over 100 million in long positions got liquidated in a single day, and dip buyers were almost completely wiped out. The big players clearly have no intention of giving anyone a chance.
You can wait for them to make a push upward. If they can’t get through, shorting then would give you a more comfortable entry. If Bitcoin breaks below its previous low of 76,270 and Ether below 2,172, then we’re in for another leg down.
Be sure to use a stop-loss. This market is acting crazy—don’t give back your gains on a sudden wick!! #加密杠杆头寸24小时清算15亿美元
Bitcoin is stuck around 77,000, and Ether is grinding around 2,240. It looks like they’re taking a breather, but really they’re just waiting for the next drop.
The data backs it up too: over 100 million in long positions got liquidated in a single day, and dip buyers were almost completely wiped out. The big players clearly have no intention of giving anyone a chance.
You can wait for them to make a push upward. If they can’t get through, shorting then would give you a more comfortable entry. If Bitcoin breaks below its previous low of 76,270 and Ether below 2,172, then we’re in for another leg down.
Be sure to use a stop-loss. This market is acting crazy—don’t give back your gains on a sudden wick!! #加密杠杆头寸24小时清算15亿美元
