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#MyFirstFeedPost Long-term warning for next week: two cryptocurrencies that could fall
Greed, FOMO and overall bullish sentiment dominate the cryptocurrency market, following Bitcoin's (BTC) rise above $70,000. This view encourages traders to open long positions, which can lead to a long squeeze.
Therefore, a long press is the opposite of a short press , which occurs when long positions are liquidated in series. When traders open long positions, they create a pool of liquidity to the downside that can be a target for whales and market makers.
If the price falls, reaching this liquidity pool, the position is forced to close through liquidation, selling the underlying asset. Therefore, smart investors usually argue that we should make trades that are contrary to the prevailing sentiment at the moment.

#MyFirstFeedPost Long-term warning for next week: two cryptocurrencies that could fall
Greed, FOMO and overall bullish sentiment dominate the cryptocurrency market, following Bitcoin's (BTC) rise above $70,000. This view encourages traders to open long positions, which can lead to a long squeeze.
Therefore, a long press is the opposite of a short press , which occurs when long positions are liquidated in series. When traders open long positions, they create a pool of liquidity to the downside that can be a target for whales and market makers.
If the price falls, reaching this liquidity pool, the position is forced to close through liquidation, selling the underlying asset. Therefore, smart investors usually argue that we should make trades that are contrary to the prevailing sentiment at the moment.

BTC will increase rapidly in 2025 to 7m

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#MyFirstFeedPost Halo, Binance Square!