everyone thinks we are heading straight to the moon right now, but actually the charts are screaming that a massive liquidation squeeze is loading for overleveraged bulls.

most retail traders are going to get absolutely wiped because they keep buying local tops without looking at the order books. they end up panic selling at the bottom just to watch the market reverse.

let's look at this $BTC setup that just popped up on my radar, ngl it looks like a textbook trap. we are currently hovering around 63.2k and everyone is getting comfy, but the smart money is already building a heavy short position.

the play here is targeting a drop to the 62k level for a clean take profit. but if you try to frontrun this without a strict stop loss at 66k, you are basically begging to get hunted by market makers. we might see some volatility spill over to $ETH and other majors if this drop triggers, so keeping your leverage low is key if you want to survive the week.

are you guys hedging here or riding the spot bags?

#bitcoin #cryptotrading #leverage