$BTC $ETH : Upper edge of the range, small position short test, don't be fooled by fake rallies
The buying looks strong, but volume can't keep up; 81.2k is tested once then falls back, ETH can't even hold 2560 this is repeated bull trap at the upper range edge. Liquidity is lacking, the bulls' reward pool is accumulating, but what's accumulating are liquidation orders, not upward momentum. Calm before the storm, a pullback is inevitable.
#PCEToJacksonHole #AIEarningsWatch
The buying looks strong, but volume can't keep up; 81.2k is tested once then falls back, ETH can't even hold 2560 this is repeated bull trap at the upper range edge. Liquidity is lacking, the bulls' reward pool is accumulating, but what's accumulating are liquidation orders, not upward momentum. Calm before the storm, a pullback is inevitable.
#PCEToJacksonHole #AIEarningsWatch