Watching the big pump of BTC, that shorting fren has been silent for three months.
In a bull market, everyone around is shouting "This time it's different!" My programmer fren resolutely engaged in shorting with his precise algorithm, but ended up silent for a whole three months during the big pump. The biggest shock this event gave me is that in the crypto world, purely looking at technical indicators is not as important as understanding market sentiment.
Later, I managed to avoid a few major liquidations thanks to observing a few "market thermometers":
· Long-short ratio: When this ratio
View OriginalIn a bull market, everyone around is shouting "This time it's different!" My programmer fren resolutely engaged in shorting with his precise algorithm, but ended up silent for a whole three months during the big pump. The biggest shock this event gave me is that in the crypto world, purely looking at technical indicators is not as important as understanding market sentiment.
Later, I managed to avoid a few major liquidations thanks to observing a few "market thermometers":
· Long-short ratio: When this ratio






