Today's crypto market .

in Steem Alliancelast year

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For several days now we have seen a huge bullish run in the crypto market. Many believe that BTC will be preparing for another run from now on, while many believe that this is a trap. Market will dump again. I'd say no one is in favor now, because the market can do anything at any time. And market prediction has also become very difficult in such a situation. I don't know why but I don't think the market will give such a big dump. And whatever the dump is, it will give the market a correction so that BTC can stop at its next resistance.


But for the last 4 days we are seeing a pretty good dump in the market. BTC is trading close to $23,000 from $25,000. But if we take a look at steem coin , we can see a completely opposite picture. Steem has started to pump since BTC started dumping , steem has give pumped around 0.23 cents to 0.26 cents in this evening. But the market may give another dump from here. Because whenever the market goes to 0.26 cents, it immediately rejected and came to 0.24 cents. And that rejection had pretty good volume. So it can be said that we will see some correction in the market.


In such a situation it would be a better decision in my opinion not to trade in the market. And if you have to do it, stop loss must be given. And I'm not just talking about it now, no matter what trade is taken, if there is no stop loss then nothing is more stupid than this. Now it can be seen that many people are afraid that if they hit steep loss, they will lose a lot, in fact this trading thing is a game of complete emotions. If you can't control your emotions then trading is not for you. For that you have to think and recognize each step. 1 mistake and you will lose money. Of course you have to work with your intelligence there.


I am not a financial advisor. Here I have shared only my opinions and all predictions are from my own personal analysis based . And all my predictions are based on current market conditions. I finished here today, thank you .

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