everyone thinks a $BTC rebound means it's finally safe to ape, but actually that's when most of us get chopped up.
ngl the pain is always the same. you sit in $USDT watching the bounce, tell yourself you'll wait for a retest, then fomo in because the timeline won't shut up and you hate missing another leg.
last time this exact setup printed, $BTC reclaimed a level everyone was watching, open interest piled in, and alts like $FIL started running like the bull was back. greed was in the same zone we're sitting in now. then one ugly print later the longs got flushed and the same people yelling wagmi were staring at a red chart.
fear and greed at 70 is not a buy signal ser. it's the part where people stop managing risk because the chart finally looks good. the bounce is real. the question is whether the bid is spot or just leverage waiting to unwind the second cpi comes in hot.
anyone else seeing this or am i tripping?
#BitcoinReboundsAbove #BitcoinOpenInterestShareRisesTo42 #CPIWatch
ngl the pain is always the same. you sit in $USDT watching the bounce, tell yourself you'll wait for a retest, then fomo in because the timeline won't shut up and you hate missing another leg.
last time this exact setup printed, $BTC reclaimed a level everyone was watching, open interest piled in, and alts like $FIL started running like the bull was back. greed was in the same zone we're sitting in now. then one ugly print later the longs got flushed and the same people yelling wagmi were staring at a red chart.
fear and greed at 70 is not a buy signal ser. it's the part where people stop managing risk because the chart finally looks good. the bounce is real. the question is whether the bid is spot or just leverage waiting to unwind the second cpi comes in hot.
anyone else seeing this or am i tripping?
#BitcoinReboundsAbove #BitcoinOpenInterestShareRisesTo42 #CPIWatch
