The CME gap filled. My orders missed by $700. Here's why I'm not chasing.
The gap filled. My orders missed by $700. And that's exactly why I didn't lose money today.
The CME gap at $69,500 just filled .
I had limit orders set at $69,800 to buy the dip.
Bitcoin dropped to $69,500. My orders never triggered.
I missed the fill by $700.
Three months ago?
I would have FOMO'd right there.
"Just buy market," my desperation would have whispered. "It's going back up."
I've learned that whispering voice costs money.
So I didn't chase. I watched. I waited.
Here's what happened next:
Bitcoin is now trading at $72,138. The move I wanted came and went without me.
And I'm completely fine with that.
Why?
Because I have a rule: No chasing. Ever.
The market is range-bound between $70,500 and $72,500 right now. Two more CME gaps sit below us at $67,200 .
One side is lying. One side will get wrecked.
What I'm watching for direction:
🇺🇸 Trump catalyst incoming — He just announced a naval blockade of the Strait of Hormuz, claiming Iran "wants to work a deal" . Oil is near $100. Twenty percent of global oil flows through that strait.
If Trump delivers a deal? Markets rip.
If the blockade escalates? Volatility spikes.
The April 15 tax deadline is also 48 hours away. Up to $2.8 billion in crypto selling pressure could hit the market as US investors liquidate holdings for tax payments.
My play right now:
No positions. No FOMO. Just patience.
I'm waiting for one of three things:
A clean break above $73,200 with volume
A dip to $69,800 (where my orders still sit)
Trump's next move on Iran
Until then? I sit. I watch. I don't chase.
Your turn. Did you catch the gap fill? Or are you waiting like me?
Follow for trade setups, not emotional chases. 🔔
$BTC $ETH #CMEGap #BinanceSquare #TradingDiscipline