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$ETH Short positions take profit again!!!
When the market is bad, do you just not place trades? Then go find your own opportunities.
Why is it falling?
Every time there’s a Federal Reserve meeting and it ends, the market drops—so everyone shorts Bitcoin.
And with additional negative news about Iran’s missile strikes, there are more short-side forces. When there are more short-side forces, the market is expected to rise—so the more it rises, the more short-side forces there are.
For Ethereum, people already went long in large numbers, so it doesn’t really follow the rise; when it’s not moving much, everyone thinks it should catch up and goes long—so it falls even harder. That’s really all there is to it!
In the investment journey of all die-hard fans, we not only provide investors with ways of thinking about market analysis, the basics of reading the charts, and how to use various investment tools, but we also bring you exciting fundamental analysis, help sort out the future direction amid international chaos, and help you identify different forces at play in investing. #BTC回调