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Bitcoin $BTC steady as an old dog, $RE but it’s draining my kidneys 😩
Brothers, after a round of Bitcoin action, it started to “play dead” around 63,000, just like stagnant water.
I figured if Bitcoin wouldn’t move, I’d gamble a bit with some copycat alts—turns out $RE slid from 0.84 all the way down to 0.74. It completely shattered my nerves.
The most common mistakes new traders make:
Seeing Bitcoin going sideways and thinking the altcoins can launch.
So what’s the truth?
When Bitcoin consolidates, the whale crews bring out their sickles to cut down the altcoins.
RE got listed on five of the big exchanges in a day. Good news is exhausted—after that comes bad news. Now even the MACD is almost forming a death cross, and the RSI has fallen from 75 to 44. Brothers who chased the pump are probably crying in the bathroom.
If Bitcoin doesn’t break the 63,387 resistance level, altcoins won’t be able to celebrate.
Remember: Bitcoin is the daddy. If daddy doesn’t move, the kids jumping around will end up getting beaten.
I’m watching Bitcoin’s 62,222 support right now. If it breaks, I’m out fast.
What about you?
How many of you are standing guard at the RE top? Drop a comment in the section so I know I’m not the only one 👇
#我的Gate交易时刻