If you’re still chasing green candles into the 14th, stop now.
That’s exactly how traders turn a decent setup into exit liquidity. Crypto loves making everyone feel late right before the rejection candle shows up with a baseball bat.
If $BTC or $ETH starts ripping aggressively into the 14th, I’m not reading that as automatic strength. I’m treating it as a red flag until price proves otherwise with clean reclaims, proper S/R flips, and alignment between LTF momentum and HTF trend.
We’ve seen this movie before: pre-event pumps that look “obvious,” then the market fades everyone who bought the breakout too late. Same script across $SOL rotations too. The move isn’t the signal by itself. The reclaim and hold are the signal.
So the real question is: are we setting up for continuation, or is this another pre-date liquidity trap?
#Bitcoin #CryptoTrading #Altcoins
That’s exactly how traders turn a decent setup into exit liquidity. Crypto loves making everyone feel late right before the rejection candle shows up with a baseball bat.
If $BTC or $ETH starts ripping aggressively into the 14th, I’m not reading that as automatic strength. I’m treating it as a red flag until price proves otherwise with clean reclaims, proper S/R flips, and alignment between LTF momentum and HTF trend.
We’ve seen this movie before: pre-event pumps that look “obvious,” then the market fades everyone who bought the breakout too late. Same script across $SOL rotations too. The move isn’t the signal by itself. The reclaim and hold are the signal.
So the real question is: are we setting up for continuation, or is this another pre-date liquidity trap?
#Bitcoin #CryptoTrading #Altcoins