Last night during the live broadcast, the market surged above 32, and after the funding rate turned to -2, I shared my opinion during the live stream. This guy wants to release floodwaters, and he turned the funding rate to -2, The first reason is to further make it difficult for those still holding short positions to endure, forcing them to pay high funding fees, causing the bears in the market to retreat or switch to long positions. The second reason is to attract more longs to enter the market and absorb the funding fees, preparing for the flood release. Regarding the flood release timing, I mentioned around 20. Today, I woke up in the morning and it was very likely to reach that level. When I woke up, it had already arrived. Oh, I moved the take-profit order and it went up again. This guy has a continued rebound demand. Enter the initial position above 27.2, then target 29 and finally 31.5, setting the previous high as the stop-loss. For the pullback, take profit and add to positions in batches. The first take-profit target is around 20.5, and the second is at 16.
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cqing58
· 5h ago
Sounds reasonable
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Dongdongdongdong
· 6h ago
Last night during the live broadcast, I heard you typing and saying that I caught a wave of decline 👍.
Regarding Rive this little dog,
Last night during the live broadcast, the market surged above 32,
and after the funding rate turned to -2, I shared my opinion during the live stream.
This guy wants to release floodwaters, and he turned the funding rate to -2,
The first reason is to further make it difficult for those still holding short positions to endure, forcing them to pay high funding fees, causing the bears in the market to retreat or switch to long positions.
The second reason is to attract more longs to enter the market and absorb the funding fees, preparing for the flood release.
Regarding the flood release timing, I mentioned around 20. Today, I woke up in the morning and it was very likely to reach that level. When I woke up, it had already arrived. Oh, I moved the take-profit order and it went up again. This guy has a continued rebound demand. Enter the initial position above 27.2, then target 29 and finally 31.5, setting the previous high as the stop-loss. For the pullback, take profit and add to positions in batches. The first take-profit target is around 20.5, and the second is at 16.