DASH this wave of market movement is quite fierce, going short and actually falling all the way down. In just half an hour, I made a profit of 6,000 yuan, which is equivalent to a month's salary. The bearish logic is based on the pressure at the 70 level, and it is still moving downward, but I don't know if there is still room for further decline.
Speaking of which, friends who previously went long might be feeling a bit uncomfortable now. However, at this point, reversing to short could be a good idea, as long as the trend remains downward, just follow the rhythm. RIVER is also taking action on this side, and the correlation between the two coins is quite obvious.
The key is whether we can steadily maintain this downward momentum; otherwise, a rebound could happen very quickly. What do you all think, traders?
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TradFiRefugee
· 01-17 06:53
6000 yuan in half an hour, this wave of shorting was so comfortable haha
If you can't hold the key level at 70, be careful of a rebound and avoid getting trapped
Friends who are long should be considering stop-loss now, ouch
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RebaseVictim
· 01-17 06:50
Once this downward trend rebounds, it could skyrocket. Stay alert.
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AirdropJunkie
· 01-17 06:48
Damn, if we can hold the crucial level at 70, it will be stable; otherwise, a rebound could really hurt.
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GasFeeCryBaby
· 01-17 06:30
Damn, everyone rushing to buy the dip is laughing their heads off, just worried it might suddenly turn around and bite back.
DASH this wave of market movement is quite fierce, going short and actually falling all the way down. In just half an hour, I made a profit of 6,000 yuan, which is equivalent to a month's salary. The bearish logic is based on the pressure at the 70 level, and it is still moving downward, but I don't know if there is still room for further decline.
Speaking of which, friends who previously went long might be feeling a bit uncomfortable now. However, at this point, reversing to short could be a good idea, as long as the trend remains downward, just follow the rhythm. RIVER is also taking action on this side, and the correlation between the two coins is quite obvious.
The key is whether we can steadily maintain this downward momentum; otherwise, a rebound could happen very quickly. What do you all think, traders?