The market is being manipulated, and the main players are rapidly entering and exiting to wash positions. Before the interest rate cut is confirmed, it is not advisable to hold long positions; if interested, you can engage in ultra-short trades.
It is recommended to do two 15-minute candlestick trades, keep an eye on the market, and take profit within a 1.5 times range; if you can't catch it, just exit. Set stop-loss within one time, and avoid chasing long or short positions. You must manage your position well; get in with five percent; now is not the time to show off.
It has been several days of sideways movement, with fluctuations generally within dozens of points. Based on my years of experience, there won't be significant fluctuations before the interest rate cut; the overall trend is still sideways, and there will be spikes that can cause a sudden surge or plunge, which might wash us out or directly lead to liquidation. The purpose of the manipulators is still to wash positions and cut the weak.
Dear crypto friends, take care and cherish this time, and please stay steady. Do not be like the helpless weak that can be easily slaughtered. Remember: it's better not to get on the bus than to get on the wrong one.
Although the overall market is slightly sluggish now, opportunities will come again; just wait patiently for a pullback.
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