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The current trend and rate of this coin is indeed a **“bearish graveyard”**. A rate of -2% every 4 hours means that 12% will be taken out in a day. Even if the coin price does not rise, the principal of short positions will soon be wiped out by the fees in a week. Moreover, in that huge whale distribution chart, the long positions (8.58M) are more than twice that of the short positions (4.03M), which is a typical scenario of long whales locking positions to drive up prices, forcing shorts to cut losses and provide fuel. #SIREN
SIREN Is this rate going against the heavens? Every 4 hours -2% rate, short sellers are really risking their lives. 😂 I looked at the backend data, long whale positions are 8.58M, while short positions are only 4.03M, the power difference is quite large. Although the volatility has reached 1100%, in this long-dominated situation, it's indeed difficult for short sellers to turn things around. #SIREN #加密货币 #Whale Movement
ETH 2050 pending order, the position given by the long strategy, without any hesitation, confirmed with a minimum of 2045 pin, directly pulled to 2100, 2000U in hand, many people lose because they think too much and do not execute properly.
#ETH Needle entry, ETH has been extremely smooth this time!
Around 7 AM, Aice100 warned that bulls were dominant, suggesting to enter long positions near 2050 with light positions.
At that moment, I saw the market crashing down, and I estimated that many people were panicking. But I took a glance at the cards, and the whale support around 2050 was extremely solid. Sure enough, ETH dropped to a low of 2045 before starting a violent rebound. This feeling of "needle entry" is really addictive. You don't need much leverage; just identify the defensive position of the market makers, and you can go the other way with a trade. Just right, a profit of 24% was secured.
In this market, surviving for a long time is not about being bold, but about having absolute trust in logic. As long as the logic is right once, you have already beaten 99% of the people.
On the 22nd, ETH harvested in accordance with the trend; did you catch this pullback?
#WAXP This order went short, and I received 60,000!
At that time, the data for WAXP was actually a bit off. On the surface, the long-short ratio seemed to favor the long side, as if the sentiment was still there, but looking closely, the number of short-selling whales was actually dominant, indicating that smart money was moving in early. Moreover, the price had already begun to press below the long cost, putting pressure on the longs. Coupled with a negative funding rate, this combination usually leads to volatility, so I directly went short around 0.0077, and the subsequent movement was quite straightforward.
#WAXP This is the most comfortable. It peaked at 0.0084, the price started to weaken, but the sentiment hasn't faded yet. I directly shorted at 0.0077 and got down to 0.0073. This kind of trade isn't about catching the highest point, but about seizing the moment when it starts to weaken. A single trade of 50% is enough.
#RIVER The current situation on this market is actually quite subtle, with prices oscillating between 24 and 26. Bulls are clearly dominant, currently holding 66.5% of the positions, and among bull traders, 86.7% are in profit. The whales are even more exaggerated, with 129 bulls against 55 bears, and 94.6% of bull whales are making money, essentially an overwhelming advantage. However, the problem is that the nominal long-short ratio has been pulled up to 290%, and this extremely consistent bullish structure is, in fact, not very healthy. Moreover, the previous fluctuations have already exceeded 300%, indicating that this wave of sentiment has been pushed up. It currently appears that bulls are in control of the rhythm, but once there is a pullback, it can easily lead to concentrated profit-taking. Therefore, this position is not untradeable, but one should not get too carried away.
RIVER This classic plot: Selling feels like selling too high, not selling makes you afraid of a pullback, and in the end, you find that the price has come back again. The market: You think you're trading, but actually, I'm playing you.
#RIVER The profit share of bulls is 92.4%, while bears are struggling at only 1.5%. The whales' capital is directly crushing, following the bulls to eat meat all the way. This kind of market is not analyzed; it is driven by capital. Not being greedy, just following to make a small wave and then run.