$FOLKS brothers who are still going long should be careful!!!
This wave of rising momentum is basically coming to an end. The next trend is likely to be a continuous decline.
From the market perspective, there has been a high volume increase at peak levels, but it has not sustained; rather, the market has been sharply driven down.
This is actually quite obvious, the stock held by the major players has mostly been sold off.
There are too many trapped positions above, causing selling pressure that cannot be digested in a short period, so the trend is very clear, just short on the rebound.
If you still hold long positions and don't know how to handle them, feel free to chat with me!!!
Once the market weakens, it often becomes more frustrating than you think!!!
Keep an eye on: $BEAT $LIGHT
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