$SXP looks quite "off", selling pressure is dominant and the overall trend is still downward. According to the trend, shorting is reasonable, and there is a high likelihood of continued dumping.
do you all agree with me on the point that now we only fear not having money to buy to DCA the price, but we are not afraid of anything else 🙂, the more it decreases, the more we DCA buy, if there is no profit in 1 year, 2 years then after 3 years, 4 years there is nothing to worry about, just choose top coins that are reputable and enjoy $SOL {future}(SOLUSDT) $APT {future}(APTUSDT) $NEAR {future}(NEARUSDT)
bro…. bro analyzes very well and always accurately, I also see it that way
Da Vinfender Ósar
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Bullish
The decline of BTC.D does not mean that ALTCOIN SEASON will occur, but it is a necessary condition for ALTCOIN SEASON. $BTC #BTCDOMINACE
I just want to remind everyone that while DOM is important, when BTC crashes to important price levels, whether DOM is high or low doesn't matter anymore; everything falls in line with BTC. At this point, MM likes to push whichever coin they want, even if it's misleading.
So why do I still expect DOM to drop while there is still an Altcoin Season? Because we haven't witnessed an Altcoin season soaring as in past times, and whatever history has created a cycle will likely happen again, just a matter of time, fast or slow! Of course, there is a possibility this season could be different, but it's less likely.
If there is a Season, what is the reason for the cycle to last longer than expected after BTC's Having? This season has an ETF fund, big players, and companies buying in; secondly, there are too many coins compared to previous seasons, and thirdly, the economic situation is not very promising with the FED not making commitments.
Is technical analysis useful for Crypto? Yes, definitely, but since we use the term analysis, there will be errors; it's just to minimize risks for investors when investing. If technical analysis were not useful => no trader would dive in => no one would care about Long or Short, don't think that people are unaware and just dive into Futures or Margin; in this market, traders are mainly technical analysts.
BTC had a significant drop on October 11 when the price was making so many people dream, so I still hope it returns to the 120-130k range again to sideway for Altcoin to soar a bit to have something to enjoy before dropping; if it drops immediately, this market will see a significant decrease in participants as trust will diminish.
Hey, pay attention to these 3 coins Hold them, no future please Prioritize dYdx vs velodrome Because the bio this time I pointed out is also x6 compared to my entry So I want to catch the bio, guys, don't all-in and just small volume Prioritize the other 2 coins
I sincerely advise you to be patient. The sweet cake is about to take shape.
Luckylucky1
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Bearish
So boring. It's been almost a year and I haven't made a dime. I keep buying these coins. When one coin goes up, I make 1k but still don't sell. After several rounds, I've made 500u on a few coins. The rest are all in the red. Should I sell everything to take the 500u profit and focus on just a few coins? Here's my coin list. There were times when each coin made 30-50$ m and I haven't sold. Now they've all dropped again. Should I sell everything or just leave it like this, guys?
1 AM tomorrow, September 18, is the 50 50 bet, guys. The Fed will announce interest rates, and regardless of the scenarios:
1. Keep interest rates unchanged 2. Decrease by 0.25% 3. Decrease by 0.5%
We cannot be sure how the market will react? (Skyrocket or panic sell) So let me show you a way to be safe:
If you're afraid of a decrease, sell 50% of what you are currently holding -> then wait for a significant drop and DCA 50% of the money you've sold back in. That’s if you fear a drop but still believe it will rise, because if it rises, you still have 50% left to gain. Know your limits.
=> Regardless of how the scenarios unfold, always prioritize rationality. At this moment, I'm not calling any coins anymore -> because at the current price, there are still profits from when I called the altcoin season. Avoid reading on X because KOLs there often say a lot of nonsense; reading for a moment can cause panic.
=> Remember clearly - in the long term, it is STILL INCREASING.