Bearish? Remember the day before the 2021 Bull Run, when all the longs got liquidated 100% and the market was in despair. Even the shorters who were trying to catch the bottom were mercilessly swallowed up by the market and liquidated one after another. In the end, only the leaders of the bearish traders who only shorted and never went long were left. But who would have thought that after the 312 event, the market would start an unlimited rally mode, wiping out these bearish trader leaders as well.
Now, it seems that history is repeating itself. This 2.3 plunge is more intense than any previous one, and the leverage of the contracts has been completely cleared. What does this mean? It means that the market is ready, and the door to the Bull Market may be about to open for us. However, this is just a possibility, and the market is always full of uncertainty. If you want to survive in this market for a long time, you still need to follow the trend, pay attention to position management, and don't worry about bull or bear, just open or close positions at the right market conditions! [Spot is king]
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Bearish? Remember the day before the 2021 Bull Run, when all the longs got liquidated 100% and the market was in despair. Even the shorters who were trying to catch the bottom were mercilessly swallowed up by the market and liquidated one after another. In the end, only the leaders of the bearish traders who only shorted and never went long were left. But who would have thought that after the 312 event, the market would start an unlimited rally mode, wiping out these bearish trader leaders as well.
Now, it seems that history is repeating itself. This 2.3 plunge is more intense than any previous one, and the leverage of the contracts has been completely cleared. What does this mean? It means that the market is ready, and the door to the Bull Market may be about to open for us.
However, this is just a possibility, and the market is always full of uncertainty. If you want to survive in this market for a long time, you still need to follow the trend, pay attention to position management, and don't worry about bull or bear, just open or close positions at the right market conditions!
[Spot is king]