#ME what is the logic? Shorts pay longs, funding is off the charts, but suddenly everyone starts shorting and driving the token down, what’s the point? Why not go with the flow, earn here and there, when longs start paying, reverse the position. And looking at the situation, it doesn't even make sense to ask why so many people lose money, some out of foolishness and others out of logic, which apparently doesn't exist in the market's plans. Maybe I'm wrong, prove me otherwise if it exists. People become poor either from great wisdom or great foolishness, such is life.
Dominance of all stablecoins. On the 1h and 4h timeframes - a pghip can be seen. On the 4h and 1d timeframes, a dragon can be considered, confirming divergences are present...
#BTC 4h Local work plan. There is still a possibility of a psychological break at 100000 from current levels. This scenario is not the most likely but cannot be ruled out. In case of an impulse move into the range 98200-100000, I will take a short position for the full volume. If the price consolidates above 98200, I will consider opening a hedge long position or exiting via stop. No stop is set. I am leaning toward opening a hedge long position in this scenario. I see three correction targets from current levels — marked with yellow arrows on the screenshot. Special attention should be paid to the level 93500, which is the neckline of the AE pattern on the daily timeframe. If this level is broken and held below, the probability of a move below 90000 increases. Currently, this is the local situation. If you have any questions, please write them in the comments.
🔥🔥🔥 Yesterday I mentioned three coins — today all three dropped over 40%.🍬🍬🍬🍬 This is what happens when you stay ahead of the market instead of chasing it.
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