Preparation for collapse, and also large slides will happen: bnb, ltc, dash, sol, doge—will they also lose? And alternative coins have started preparing to create new bottoms. The market is in a critical condition, almost
The news that would have caused a market reversal was averted
This happened on 7 September Live—The side Bitcoin blockchain network suffered a security breach that led to the depletion of $320 million, raising new concerns about the security of the digital asset infrastructure. And the company "Liquid Network" operating the platform announced that an almost 4,000 bitcoin theft occurred out of the 4,200 bitcoin that were in the targeted wallet.
https://www.binance.info/en/futures/ref/159554478 The first target 820 with a high probability If BTC stabilizes after the positive breakouts The second target 1800 If the market maker appears and breaks 120K Worst-case scenario: the big slide In this case I will lose
One-third of the crash wave is currently at 103. If BTC does not return to test 72,000, then there is a high chance LTC will continue rising to 85. The first target after that is a drop to 72 with BTC to 72,000. Do not forget LTC is a test network for BTC. If this is a BTC rally wave to 300,000 or more, LTC will go to 500 dollars with this wave.
This model is not good for sticking to the LTC coin, and all coins are almost: dash, bnb, eth, sol, doge, shib, zec. These coins are capable of making a negative, corrective move, with a high likelihood of breaking the old bottom. Meaning that BTC, with high probability, will test the 42,000 area within the next 6 months. But if BTC re-tests 80,000 from the 60,000 zone—which is a low possibility given the data currently available—then that negative corrective move would be the bottom for all the previously mentioned coins.
The most important thing: with a 90% probability, BTC will visit $8,000. What do you think about a re-test of liquidity? The negative news that has been happening recently is what pushes him toward taking a risk. + This is an opportunity for sellers to show strong selling momentum. This will only happen if the whale who intends to reverse the direction from $61K to $85K withdraws. This whale is what is causing the current market tension.
This is what will happen with this ruthless sell-off momentum. We will see very serious slides if this month reverses in BTC. Do not buy on leverage—Elon Musk’s recent losses will definitely be negative for the market. Right now the market is in a state of fear. And if there is a catastrophic breakdown, it will support the sell-off momentum and intensify it.
Pay close attention to this trader. He has the ability to catch trades with a 90 percent success rate, but unfortunately, he lacks something very important: risk management. There wasn’t direct slippage; there was a decision he could have made to avoid these losses. By the way, 90 percent of traders fail to learn a risk management strategy, so I recommend that you learn a risk management strategy. Because it is essentially based on your ability to control your emotions—greed, fear, confusion, and others. That’s why it’s very difficult to learn. So as long as you haven’t learned it, I advise you to exit the market completely—it’s ruthless.
FTXToBeginNearly$900MCreditorPayout Beware, the price cannot collapse easily. I waited an hour and a half until I got out of the loss. Perhaps it targets 0.0036 or 0.0086 This was my liquidation price: 0.0034 The risk of this coin is high #SanDiskFalls12.63%
It appears that most currencies will not go beyond the 9 area except with a false breakout, and this happened before when BTC collapsed. This is an indication that BTC is protecting itself for a new wave targeting $42K, and with the false breakout to $33K, the point of a full reversal will be to $120K. This scenario is close—please be careful and pay attention to it.
These losses once it turns green I will pull it out directly, continue the collapse. If you want, I will strengthen it later #EtherFallsTwiceAsHardAsBitcoin let's go