ETHEREUM - Corrected as Expected (Today's Flash-Crash)

4 ธ.ค. 2021

Massive dip today, a Flash Crash.

Bitcoin, Ethereum, Solana tumble 15%; $400 billion wiped out of crypto market cap

We had issued Red ALERTS on Bitcoin last week :

Still we were hoping that the dip on Bitcoin was over...well, it wasn't.

In any case it's good to understand what is going on here:

Evergrande fears (Chinese FUD) mode ON again.

In any case, this post and chart on Ethereum worked well.

As traders remember to always have some charts that look bearish work for you. You should always hedge by going short.

We have covered this before so many times.

How and why to hedge (again was Ethereum)

It always works..

One Love,

the FXPROFESSOR