monetka (monetka)

monetka

for fun crypto. i'm a nerdy chart teller. glad to make new friends. i only trade cryptocurrency

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rain 5000 $degen ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ ☔ I just want to wish everyone a good day! be happy! Mark your friends in the comments to whom you wish happiness!

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The "crypto fear and greed" index reached 87, a record since Nov. 23 Bitcoin hit $107,800 last night on expectations of a 0.25% interest rate cut by the U.S. Federal Reserve on Dec. 18. Market participants are predicting a rise to $125,000 by January. The "crypto fear and greed" index reached a maximum of 87, which indicates the dominance of euphoria in the market. However, experts warn of a possible local peak and correction. Social networks are actively discussing bitcoin, which has become the most popular asset of the week. In Telegram, Reddit and X, a positive mood prevails with expectations of growth to $110,000. Too much optimism in the market and hype around bitcoin, this kind of thing often leads to negative consequences. Very often on such a background there is a market shedding and a huge amount of liquidation.

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Now most assets are at key support levels, removed liquidity under the lows. After such powerful corrections, the market usually turns around. Refrain from playing with leverage, with x5 leverage and 20% correction (sometimes in the crypto market it happens even with a squeeze for a couple minutes!) you risk losing 100%. Leveraged trading should be careful (ideally trend-following), tested and always have a stop loss, understanding of the exit point. Believe in yourself and you will definitely succeed

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