Good evening, brothers. Just pulled the market down a bit—only Ethereum and SOL have broken through the first resistance level. The other coins are still just a little bit away from that first resistance. So tonight, the volatility won’t be big; you can still refer to the levels from this afternoon.
If it goes up, what do you do? Go short.
There might be an opportunity for a rebound this month—that’s the chance for all the short-sellers to get on board. But don’t expect the multi-side to hope for too much of a rebound. After all, BlackRock moves so many coins in every day. If you were the market maker, would you pump it up and then go catch the falling bag yourself? You wouldn’t—right? So if it goes up, short-sellers, just do it lightly with a small position size!
If it goes up, what do you do? Go short.
There might be an opportunity for a rebound this month—that’s the chance for all the short-sellers to get on board. But don’t expect the multi-side to hope for too much of a rebound. After all, BlackRock moves so many coins in every day. If you were the market maker, would you pump it up and then go catch the falling bag yourself? You wouldn’t—right? So if it goes up, short-sellers, just do it lightly with a small position size!