FUD - overflow with a big move?!
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Everyone has probably heard the news that the SEC has filed a lawsuit against the Binance crypto exchange
A few days ago CZ tweeted for support when he throws "4" again and what do we see now? That's right, CZ throws "4" on Twitter when the SEC sues his company It's me that again they created a situation for panic and pretend that everything is in order and there is nothing to be afraid of
Let's remember the situation on March 10 this year (just look at the chart), decoupling USDC from $, the collapse of the banking sector and a real panic sell in the market, in general, threw the strongest FUD before rising by +10,000 points. Now a similar situation is happening, they are scaring the crowd before a possible reversal.
As for my position:
As I said in the last post, if they drop below $26,000, then I will average my long, I got $25,650 for 5% of the deposit (25% in the position). Stop temporarily removed, I want to wait out the FUD.
Technical: the $25,200 level has not been touched yet, maybe we will get there soon, if you are going to take a position from there, be prepared for (squeeze) the price may drop a little lower by a few hundred points.
Everyone has probably heard the news that the SEC has filed a lawsuit against the Binance crypto exchange
A few days ago CZ tweeted for support when he throws "4" again and what do we see now? That's right, CZ throws "4" on Twitter when the SEC sues his company It's me that again they created a situation for panic and pretend that everything is in order and there is nothing to be afraid of
Let's remember the situation on March 10 this year (just look at the chart), decoupling USDC from $, the collapse of the banking sector and a real panic sell in the market, in general, threw the strongest FUD before rising by +10,000 points. Now a similar situation is happening, they are scaring the crowd before a possible reversal.
As for my position:
As I said in the last post, if they drop below $26,000, then I will average my long, I got $25,650 for 5% of the deposit (25% in the position). Stop temporarily removed, I want to wait out the FUD.
Technical: the $25,200 level has not been touched yet, maybe we will get there soon, if you are going to take a position from there, be prepared for (squeeze) the price may drop a little lower by a few hundred points.
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