🥳 Altcoin surge! But are institutions quietly exiting?
💥 Watching these antiques like $ZEC BCH suddenly take off, many are shouting "Altcoin season is here," but I see this more like institutions digging a pit for retail investors!
💰 First, let's look at the essence through the phenomenon; this rise 📈 is purely stimulated by news. The inflation data of 2.7% misled the retail investors into thinking there would definitely be a rate cut in January, and with Arthur shouting to sell $ETH to buy altcoins, the sentiment was fueled, and funds flowed in. But look at Wall Street and the Federal Reserve's attitude, the probability of a rate cut is less than 20%. Institutions may not say it, but their actions are honest; taking advantage of the retail investors' high spirits, they have already quietly offloaded their stocks. This is a typical desperate struggle; don't be the last one to pick up the pieces! $币安人生
🧧 I still recommend a short position; ETH around 3000 continues to be shorted. I’ve taken advantage of this position a few times before, and the resistance is now at 3150-3200, especially in the range of 3165-3180, entering a short position is simply very profitable. #加密市场观察
🙋🏻♀️ Currently on the altcoin side, ZEC is more suitable for shorting than BCH. I have entered around the position of 450-470 and placed a limit order at 550. For BCH, keep an eye on the high pressure point of 630-650, and throw it as soon as it reaches the position!
🤒 The rise of altcoins 📈 is just the last flicker of light, institutions are releasing upward 📈 information but are secretly offloading; these people are very cunning. Don't just listen to the wind; taking profits is the way to go!



