
鹏翔九霄—luck
鹏翔九霄—luck
lucky
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Many friends say they lost badly in this recent rise, and I feel the same. Constantly cutting losses, unwilling to accept small losses only led to bigger ones. It's hard not to set proper stop losses when the market starts moving. In crypto, one day feels like a year. I only have a small position left and barely manage it anymore. Either it gets liquidated or drops so I can recover. As long as it drops 10%, I can survive, but I don't want to bother with it anymore, so I just leave it be. I've decided to get a job and live a different life. Losing to people but not losing spirit, I'll fight again later. Life isn't just about crypto; there are more meaningful things out there.
The funding rates for Ethereum and Bitcoin have started to loosen again, so everyone should prepare to cut losses. There is likely to be a big market move coming up because the last time the funding rates loosened was right at the start of a major rally. But now that the daily chart looks like this, it probably won't surge up again, so I am more inclined to expect a big downward move.
Bitcoin and Solana hit new highs yesterday, but Ethereum did not. If Bitcoin pulls up a bit more today and Ethereum still doesn't hit a new high, this wave of the market will temporarily end and a correction is inevitable. Aave is under Ethereum, but both have already dropped significantly, so a correction is certain. Whether this is a trend reversal is uncertain, but in the crypto world, sometimes a rise lasting a week or 8 to 10 days can be wiped out in less than 3 days, and sometimes 3 days is enough to bring things back to the original state.
Why are you all so talented, all going long on SanDisk, are you idiots? I already said before it's just a pullback in a downtrend, SanDisk's trend is down, the rebound up to around 1800 should be a short, Bitcoin and Ethereum are the same, I still look bearish on them. Even though the US Treasury Secretary came out again saying the US debt issue has expanded to 1 trillion, so what? Anyone can talk with their mouth, wait until it's implemented before talking.

