The Crypto Assets market is performing strongly today, with major coins showing a resilient rise in prices. Bitcoin currently seems to be challenging the $120,000 mark, while Ether is making a push towards the $5,000 threshold, and Solana is also approaching the high of $290.



This price trend has surprised many traders, especially those holding short positions. The strong market performance has forced some traders who originally planned to short to reconsider their strategies.

Today's trading situation is quite interesting. There were traders who intended to establish long positions around $116,288, but the price never managed to pull back to that level. In the end, the day's trading result was that one of the two orders achieved take profit, while the other was closed near the cost price.

Regarding the upcoming market direction, many traders choose to maintain a cautious attitude. They plan to reassess the market situation tomorrow, and if bearish signals appear at that time, they may consider re-establishing short positions.

Overall, the current market shows strong upward momentum, but investors still need to remain vigilant, closely monitor market changes, and timely adjust their trading strategies. In this rapidly changing crypto assets market, flexibility and risk management are particularly important.
BTC-1.49%
ETH-2.58%
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CoffeeNFTsvip
· 09-18 17:50
How are the bearish traders? That hurts.
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BearHuggervip
· 09-18 17:47
bearish traders are completely doomed
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GateUser-74b10196vip
· 09-18 17:39
bearish traders were severely beaten
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DegenWhisperervip
· 09-18 17:33
For the new highs of happiness, the villain always shorts in a Bear Market.
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ShadowStakervip
· 09-18 17:33
fascinating yield curve, but network topology suggests potential validator attrition... ngmi with these mev optimizations tbh
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