shortear

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3 Discussing
_tonyrp
ยท
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I almost touched my #stoploss and ended up at #profit โ˜ ๏ธ, I think that for today I will stop at #shortear because $SIREN went to the clouds (for now) โ˜ ๏ธ
I almost touched my #stoploss and ended up at #profit โ˜ ๏ธ, I think that for today I will stop at #shortear because $SIREN went to the clouds (for now) โ˜ ๏ธ
ยท
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Bearish
BTC AND THE BRUTAL CHANGE IN LIQUIDATIONS ๐Ÿ‘€ Just a week ago, the market was packed with leveraged longs waiting for an infinite riseโ€ฆ hit follow for more Now itโ€™s exactly the opposite โš ๏ธ ๐Ÿ“‰ The #short s are starting to accumulate aggressively ๐Ÿ“‰ Everyone is waiting for "the final flush" down to 75k ๐Ÿ“‰ And when too many people expect the same moveโ€ฆ the market usually does the opposite The market makers are currently playing with market psychology ๐ŸŽฃ ๐Ÿง  The narrative changed too quickly: Before, everyone was buying the dip Now everyone wants #shortear the breakdown And that's dangerous Because if #BTC manages to defend 76k and regain strength on LTF... ๐Ÿ”ฅ The double bottom scenario starts to get really interesting ๐Ÿ”ฅ And that's where they could liquidate all the late shorts waiting for 75k BUT... If 76k breaks with real volume and without a strong reaction: ๐Ÿ’€ 75k is practically open ๐Ÿ’€ And below that starts a zone where low liquidity explodes The most important thing right now isn't the price... It's the market's reaction in this zone ๐Ÿ“76k = possible pivot and double bottom ๐Ÿ“75k = massive liquidity hunting zone And seeing how liquidations are looking... I wouldn't be surprised to see a violent spike first to destroy shorts before the real move ๐Ÿ‘€๐Ÿ”ฅ {spot}(BTCUSDT)
BTC AND THE BRUTAL CHANGE IN LIQUIDATIONS ๐Ÿ‘€

Just a week ago, the market was packed with leveraged longs waiting for an infinite riseโ€ฆ hit follow for more

Now itโ€™s exactly the opposite โš ๏ธ

๐Ÿ“‰ The #short s are starting to accumulate aggressively
๐Ÿ“‰ Everyone is waiting for "the final flush" down to 75k
๐Ÿ“‰ And when too many people expect the same moveโ€ฆ the market usually does the opposite

The market makers are currently playing with market psychology ๐ŸŽฃ

๐Ÿง  The narrative changed too quickly: Before, everyone was buying the dip
Now everyone wants #shortear the breakdown

And that's dangerous

Because if #BTC manages to defend 76k and regain strength on LTF...

๐Ÿ”ฅ The double bottom scenario starts to get really interesting
๐Ÿ”ฅ And that's where they could liquidate all the late shorts waiting for 75k

BUT...

If 76k breaks with real volume and without a strong reaction: ๐Ÿ’€ 75k is practically open
๐Ÿ’€ And below that starts a zone where low liquidity explodes

The most important thing right now isn't the price...

It's the market's reaction in this zone

๐Ÿ“76k = possible pivot and double bottom
๐Ÿ“75k = massive liquidity hunting zone

And seeing how liquidations are looking...

I wouldn't be surprised to see a violent spike first to destroy shorts before the real move ๐Ÿ‘€๐Ÿ”ฅ
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