Market update
Right now we can see that the market is in a passive outset, 1-2 times a day there are weak impulses that look like SHORT/LONG squeezes.
(when the total amount of people with open LONG positions is much higher than the positions on SHORT, the price is dropped by 200-300 points, thereby eliminating the holders of LONG and vice versa)
🤔 There are no global reasons for a deep fall, news resources are still spreading the FUD, but given the fact that the market has already lost 60-70% of its previous activity, this news is not so keen on the course.
CONCLUSION:
The market froze in anticipation of the upcoming events and every day the traders leaves the market, this is organic cleansing that MUST be happen. It is likely that for a certain period of time, the course's collectibles will generally go to 0 and the market will plunge into anabiosis.
Personally, we are full of peace and continue to believe in a bright future. Our market is still at the initial stages of development and if it will be necessary to suffer the YEAR in order to achieve the desired ATH - we are ready. In the meantime, we are waiting, we will make the most efficient use of free time for studying each area of this market, because when the very moment arrives, we will be armed and become very rich 😉
If you have any question - please write me ssoftware85@gmail.com
(when the total amount of people with open LONG positions is much higher than the positions on SHORT, the price is dropped by 200-300 points, thereby eliminating the holders of LONG and vice versa)
🤔 There are no global reasons for a deep fall, news resources are still spreading the FUD, but given the fact that the market has already lost 60-70% of its previous activity, this news is not so keen on the course.
CONCLUSION:
The market froze in anticipation of the upcoming events and every day the traders leaves the market, this is organic cleansing that MUST be happen. It is likely that for a certain period of time, the course's collectibles will generally go to 0 and the market will plunge into anabiosis.
Personally, we are full of peace and continue to believe in a bright future. Our market is still at the initial stages of development and if it will be necessary to suffer the YEAR in order to achieve the desired ATH - we are ready. In the meantime, we are waiting, we will make the most efficient use of free time for studying each area of this market, because when the very moment arrives, we will be armed and become very rich 😉
If you have any question - please write me ssoftware85@gmail.com
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