Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The entire screen is filled with posts like "The Fed's QT is about to stop, a rise is certain in December."



Then what? Bitcoin directly plunged through $87,000, with a total liquidation of $140 billion across the network in one day.

The market's slap is loud enough - no matter how good the story is, the price does not recognize it.

Looking at the data, December has indeed been the strongest month for BTC over the past decade, with an average rise of 40%. However, the first day of December this year has doused everyone with a bucket of cold water.

Rules, this thing, will appear, but it will never perform according to the script you want.
BTC-5%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
LiquidityOraclevip
· 7h ago
Telling stories is not as good as looking at Candlestick charts; historical patterns are just a joke in front of the market. --- 140 billion Get Liquidated, this is what confidence is worth. --- Every year, there are people betting on December; every year, there are people getting slapped in the face. The pattern is the same, just that people don't learn their lessons. --- If patterns worked well, it wouldn't be called gambling; it would all be investments. --- Another batch of people who thought they found the password entered a position, only to find out the password had been changed long ago. --- Whether the Fed stops QT or not has no necessary relationship with coin prices; it's too simplistic to think so. --- Look at those adamant analyses; when it comes to real trading, it's all excuses, hilarious.
View OriginalReply0
MetaMaskedvip
· 13h ago
If telling stories could make money, retail investors would have nothing to do with it.
View OriginalReply0
RugPullProphetvip
· 13h ago
If only telling stories could make money, but the market only recognizes price. Once again, getting slapped in the face, to be honest, feels a bit good. 140 billion Get Liquidated, and there are still people daring to bet on the rise in December? History will repeat itself but will never be the same, that’s the reason we lose money. Still want to follow the rules? Patterns specifically target those who don’t follow the rules.
View OriginalReply0
fren.ethvip
· 13h ago
What's the use of telling stories? It depends on the price; 140 billion dollars directly woke a group of people up.
View OriginalReply0
BlindBoxVictimvip
· 13h ago
Haha, no matter how good the story is, it's useless, this broken coin only recognizes money. What historical patterns are you talking about? This time it’s directly written in reverse. 140 billion got liquidated, the smart ones lost their shirts again. Those betting on patterns are just suckers, the market loves to play reverse scripts. No matter how pretty the data is, it can't stop the dumping from splashing cold water. So, telling stories here is not as good as watching the order book to make money. Patterns? Patterns are just survivor bias.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)