𝗧𝗵𝗶𝘀 𝗼𝗻𝗲 𝗶𝘀 𝗰𝗼𝗼𝗸𝗲𝗱.
The chart is a textbook distribution pattern. Anyone still buying here is just becoming exit liquidity for the whales. You’re holding a massive trap while the volume dries up.
It’s a dead cat bounce, not a rally. Don't be the bag holder who learned this lesson the hard way @crypto 📉
The chart is a textbook distribution pattern. Anyone still buying here is just becoming exit liquidity for the whales. You’re holding a massive trap while the volume dries up.
It’s a dead cat bounce, not a rally. Don't be the bag holder who learned this lesson the hard way @crypto 📉