@Cryptoze The golden cross has been proven effective multiple times, and this time combined with the halving cycle and institutional funds, it does indeed have parabolic potential. However risk management is still crucial!
@carlmoon Good question: Will this time be different? Currently we're still struggling in a bear market; the 200-day moving average is a life-or-death line…
@cryptorover Indeed, the concentrated liquidity on the downside means that a break below key support levels could trigger a chain reaction of losses.
However we also need to consider trading volume and the macroeconomic environment; things haven't reached a particularly dangerous level yet
@cryptorover The large amount of liquidity above has been largely exhausted. The next move will either involve sideways consolidation to build momentum or a sharp aggressive surge to fill the next gap🚀🍵
Only when you drive the Cybertruck do you realize how incredible it is: a bulletproof tank that moves like a million dollar sports car!
Reason for the angular shape is that the thick, ultra-hard stainless steel body panels cannot be stamped like the thin, feeble, paper-strength mild steel of other trucks. Cybertruck body panels would break 5000 ton stamping machines.
@cryptorover $74 million in SETH short positions liquidation level at 3774 indicating a clear bearish outlook from institutional investors on the short-term trend of ETH🚀
@cryptorover US stocks have once again proven that once a trend is established its power far exceeds expectations Those who have invested in US stocks/Nasdaq must be feeling great right now💎