Plunging off a cliff—down $180! Is it cold up there at the top, $XAU ?
The market never cares what you paid. It only follows the macroeconomic tide. When the tide goes out, those who stubbornly hold on pay the price!
News: U.S. inflation hasn’t been brought under control, and hopes of rate cuts have been dashed. The dollar is soaring, while non-yielding gold is being dumped by institutions like an ATM.
Technical outlook: A big bearish candle on the 1-hour chart has broken through support. The 4,000 level is hanging by a thread, and above it are trapped investors waiting to get out.
Fanxin has 3 escape routes for you:
Stop blindly averaging down: Low-volume sideways trading is likely a bull trap. Don’t use up all your ammunition.
Lighten up on rallies: If a small intraday rebound appears, decisively reduce some of your positions and free up margin. Protect your account first.
Prepare for the worst: Keep a close eye on the previous low. If it breaks on heavy volume, you must cut your losses decisively.
The abyss below is bottomless! How many more points can your margin withstand? @BTC梵昕
#CPI高于预期，美股与BTC再度承压
#新人宝典：从零了解TradFi $BTC
The market never cares what you paid. It only follows the macroeconomic tide. When the tide goes out, those who stubbornly hold on pay the price!
News: U.S. inflation hasn’t been brought under control, and hopes of rate cuts have been dashed. The dollar is soaring, while non-yielding gold is being dumped by institutions like an ATM.
Technical outlook: A big bearish candle on the 1-hour chart has broken through support. The 4,000 level is hanging by a thread, and above it are trapped investors waiting to get out.
Fanxin has 3 escape routes for you:
Stop blindly averaging down: Low-volume sideways trading is likely a bull trap. Don’t use up all your ammunition.
Lighten up on rallies: If a small intraday rebound appears, decisively reduce some of your positions and free up margin. Protect your account first.
Prepare for the worst: Keep a close eye on the previous low. If it breaks on heavy volume, you must cut your losses decisively.
The abyss below is bottomless! How many more points can your margin withstand? @BTC梵昕
#CPI高于预期，美股与BTC再度承压
#新人宝典：从零了解TradFi $BTC
