$dxy correct....
Accelerated higher for obvious reasons... but the key point wrt to low of Jan held true.
When the world turns uncertain, capital still seeks the dollar, energy independence only strengthens that pull, for now...
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." -- George Soros
Brutal day, this will go to the history books of crypto.
Congrats to shorters, nothing but respect for you.
Kind of lucky but you were on the side you had to be, GGs, that's what makes a market.
For the ones that took a hit or sadly lost everything, we have all been here.
99% of the biggest traders have been liquidated one or multiple times.
Take time to think, to reflect on mistakes, and if you want to keep going in crypto take this as a lesson.
Remember: hard lessons are paid with blood - that's how they stick in you.
Use this to get better, to apply a better risk management, and come back.
Allow you to feel bad, give you some time. It's normal.
But please, remember this:
Don't even think about doing bad things to yourself. It's just not worth it.
None of use will be here in 100 years anyways, which is almost no time.
So don't advance it, we will anyways be gone in no time, so let nature do it's thing and focus on re-doing you.
There's 1 billion things better than crypto, money and all this shit, and you never know what life has in store for you.
So please, stay strong and believe someone who has been in this position multiple times:
Eeverything will be better. Stay strong.
@MizerXBT I feel shorting at bull market is whales game , more tricky and unpredictable move , check last Friday PA , although i was shorting but until big move down i doubt myself many times , appreciated for quality content boss