The interesting thing about this market is that it always collapses when the consensus is strongly unified.
When everyone sees the big bull market starting to take large positions with high leverage, it is often time to liquidate the leverage. When everyone notices the price has dropped and realizes it's a bear market, they often collectively become aware of shorting, but the price usually doesn't fall deeply. I watched the bear on 10.12, I opened a short position, I made a fluctuation, I ate meat. Many people only started looking at the bear today, on November 18th, and are still shorting... I have to say they have great insight.
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The interesting thing about this market is that it always collapses when the consensus is strongly unified.
When everyone sees the big bull market starting to take large positions with high leverage, it is often time to liquidate the leverage.
When everyone notices the price has dropped and realizes it's a bear market, they often collectively become aware of shorting, but the price usually doesn't fall deeply.
I watched the bear on 10.12, I opened a short position, I made a fluctuation, I ate meat.
Many people only started looking at the bear today, on November 18th, and are still shorting... I have to say they have great insight.