The Bitcoin weekly chart shows a second divergence, and we still need one more weekly candlestick to confirm the end of this cycle. Yesterday, altcoins completed an epic liquidation of long positions with 1x and 2x leverage. 1. Both long and short positions are not easy to manage; it’s better to open a grid for range trading. 2. Pay attention to small coins with a contract chip height control in alpha and a market cap below 50 million; they may develop independent trends. For example, HANA and KGEN.
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