The best time to have a plan was yesterday. The second best time is now. 🛡️
Today’s $10,000+ candle in Bitcoin is a historic reminder of why risk management is more important than "picking the right coin." With over $2.5 Billion in liquidations, the market just performed a massive deleveraging.
🔍 Why did the "Floor" at $70k break?
Institutional Outflows: Spot ETFs saw a record -$329M exit, removing the "safety net."
Margin Cascade: When
$BTC hit $69k, it triggered automatic sell orders for thousands of leveraged accounts, causing a "waterfall" effect to $60k.
Miner Pressure: Large transfers from mining giants like Marathon Digital ($MARA) suggest even the big players are repositioning for a longer fight.
💡 How to handle the "Extreme Fear" (Sentiment at 9/100):
Don't Catch Falling Knives: Wait for the 4-hour candle to close above $65,500 before assuming the bottom is in.
The "Spot" Advantage: If you aren't using leverage, today was just a "paper loss." The cycle isn't over, but the "easy money" phase is.
RSI Check: On the daily chart, Bitcoin's RSI has hit levels not seen since the 2022 lows. Historically, this is a "Max Pain" zone where long-term wealth is built.
Poll for the community:
Did you get liquidated today, or were you waiting with stables at $60k? 📉💬
#RiskManagement #TradingTips #BTC #CMC #MARKETCRASH🤬😡😭💀