Forwarded from @WSSIGNALS Premium
Dear monthly users, do not worry I’ll extend your days for the days we’re inactive.
World Trading Journal | WSSIGNALS 🛎️
Photo
Don't forget ETH has gone from 1400 to 80
Buying the dip does not always work.
This is about to get MUCH worse.
You better be prepared
If USDT looses its PEG.
It's done.
Buying the dip does not always work.
This is about to get MUCH worse.
You better be prepared
If USDT looses its PEG.
It's done.
World Trading Journal | WSSIGNALS 🛎️
Photo
If you're sitting in the USDT right now thinking you're protected, you're not.
instead of holding undercollateralized stablecoins you could just hold BTC and even short it, collect free funding, and be in synthetic fiat
instead of holding undercollateralized stablecoins you could just hold BTC and even short it, collect free funding, and be in synthetic fiat
World Trading Journal | WSSIGNALS 🛎️
The only thing that saves bitcoin is the funding rate. As soon as bitcoin falls to $500-$1000 there are immediately aggressive shorts. MM will rekt such fools anyway before the main drop down. If you compare it to the previous crash in May, there was a capitulation…
The funding rate on binance is -0.042. The average funding rate after the May crash last year was -0.025.
Basically, this can already be called a capitulation, which I have been talking about for the last few weeks.
Basically, this can already be called a capitulation, which I have been talking about for the last few weeks.