🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Will 312/519 still appear?
In April 2021, after Bitcoin rose wildly to $64,900, it fell for a month, and finally accelerated to $28,800 on May 19, 2021, and $28,800 became the bottom of the Bull Market that year, and then rose to $69,000.
On February 29, 2024 this year, Bitcoin rose wildly to $64,200, and then plummeted to $59,000 in an instant, causing 200,000 people to get liquidated overnight!
Only after Bitcoin breaks through 65,000 strongly, then the new high of 69,000 you are waiting for can be reached with your eyes closed. The key problem now is that after rising to $64,000 3 years ago, some dog farms began to ship in large quantities, and it has never happened that $38,800 has risen all the way!
That is to say, in 21 years, it did not rise to 69,000 all at once, but plummeted to 28,800 before it reached the bottom and rose again to the previous high!
So now if you make a contract, then whether it is high leverage or low multiplier, you have to bring a stop loss, because Long people like to Long high, so if such a high position falls, you will be very uncomfortable!
If Bitcoin really falls to $28,800 in the future, don't talk about it, you will definitely not dare to buy the bottom. Because the people who said this in 21 years Short Bitcoin 28,800, and in the end they have disappeared。。。。。。。
Bitcoin the current key position is 61800 (Long Short Short Term game point), Bitcoin the second support of 60,000 ~ 59000 (Long head Short Term big support).
$BTC $ETH #热门话题