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- 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
Just shy of the $4,891 ATH—think it breaks through?
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Dare to trade. Dare to win.
#PENGU# 22:30-22:45, at the end of the falling market, it should accelerate the fall, staying away from the chip exchange area. However, everyone sees the acceleration of the fall, greatly Short, Oversold.
Then the market maker picks up a large number of long positions at a low price and further opens long positions during the rebound.
It is now after 23:30, having reached the previous area of concentrated chip exchange (where a large number of long positions are trapped), it can no longer rise. However, you newcomers are still going long, so the market makers have opened short positions at relatively high points.
The subsequent market trend is likely to be volatile, having already bought low and sold high, within a price range where profits can be made regardless of the situation, closing positions during the fluctuation to maximize profits.
……
There seems to be a classic saying in the theory of entanglement: enter the market only after the trend is established. Obviously, I didn't do that and placed my bet early, which requires me to endure floating losses.