Yes, sell the news event in my opinion. Here is why?
- no, it's not like the Bitcoin halving. Actually, nobody knows what kind of event the merge will be, but this is why I prefer to be on the sell side
- macro economic situation - "winter is coming" around the globe (especially in Europe) and this will bring for sure on of the biggest crisis of our time. Risk assets like crypto are a thing that people won't need
Will the short appear immediately after the merge? No.
- the market sentiment is too bearish right now and this is a great moment for a squeeze. 1800-1900$ is still a good resistance box, where you can place your shorts.
- the market doesn't do what everyone expects. That's why - first pump, then dump
Targets?
- well, I think that 3-digits prices are not far away from us and will be a life-changing opportunity for a big spot buy
- no, it's not like the Bitcoin halving. Actually, nobody knows what kind of event the merge will be, but this is why I prefer to be on the sell side
- macro economic situation - "winter is coming" around the globe (especially in Europe) and this will bring for sure on of the biggest crisis of our time. Risk assets like crypto are a thing that people won't need
Will the short appear immediately after the merge? No.
- the market sentiment is too bearish right now and this is a great moment for a squeeze. 1800-1900$ is still a good resistance box, where you can place your shorts.
- the market doesn't do what everyone expects. That's why - first pump, then dump
Targets?
- well, I think that 3-digits prices are not far away from us and will be a life-changing opportunity for a big spot buy
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.