Entry: scale Between current market price upto 0.01270 DCA 1: 0.01290 DCA 2: 0.01315
Wide SL: 0.01380
🎯 Targets: TP1: 0.01160 TP2: 0.01090 TP3: 0.01025
⚠️ Important: Don't chase the short. Wait for rejection confirmation around resistance. Use low leverage, small position sizes and keep total trade risk within 1%.
⚠️ Important: Wait for rejection in the entry zone. Avoid chasing at current support. Keep total risk within 1%, including all DCA orders. A wide SL does not eliminate liquidation risk.
🚨 **BREAKING: US JOBS DATA JUST SHOCKED THE MARKETS! 🇺🇸**
The US economy added **165,000 jobs**, crushing expectations of just 65,000!
Meanwhile, unemployment dropped from **4.2% to 4.1%**.
📈 **Bullish for the US economy, but potentially BEARISH for $BTC and crypto!** 📉
Why?
A stronger labor market gives the Federal Reserve more room to keep interest rates higher for longer. This could put pressure on risk assets like $BTC and altcoins.
🐼 **My take:** Don't rush into trades based on the first market reaction. Volatility could increase, and we may see moves in both directions.
Stay patient, manage your risk, and avoid FOMO!
MORE💥👇
One factual improvement: The 165,000 figure and 4.1% unemployment rate are confirmed in the November 6 report. The Reuters report also notes that markets increased their expectations of a December Fed rate hike. Investing.com +1
That makes your bearish crypto angle relevant, but keep it as a possible reaction rather than a guaranteed BTC dump.
⚠️ **IMPORTANT:** Don't chase shorts at the bottom! Let Bitcoin recover, wait for confirmation and rejection, and then look for a fresh entry.
Meanwhile, spot holders can consider this correction an opportunity to accumulate quality coins at discounted prices, preferably through gradual buying rather than going all in.
**Who caught the $80.3K SHORT with us this morning?** 🔥
⚠️ **IMPORTANT:** Don't chase shorts at the bottom! Let Bitcoin recover, wait for confirmation and rejection, and then look for a fresh entry.
Meanwhile, spot holders can consider this correction an opportunity to accumulate quality coins at discounted prices, preferably through gradual buying rather than going all in.
**Who caught the $80.3K SHORT with us this morning?** 🔥
$BTC is finally showing signs of recovery after the recent dump. But is this the beginning of a bigger rebound, or just another temporary bounce? 👀
Let me explain what I expect next and what spot holders should consider doing.
**1️⃣ GOOD NEWS FOR THE MARKET!**
The US midterm elections are now behind us, removing one major source of market uncertainty. A lot of negative sentiment may already be priced in, so I believe BTC has a reasonable chance of delivering a stronger rebound this week.
**2️⃣ IMPORTANT BTC LEVELS TO WATCH! 📊**
Bitcoin is facing resistance around **$78,600**.
If BTC successfully breaks above this level and holds it as support, our next target could be **$79,400**.
However, keep in mind that $79,400 is another important resistance area where we could see rejection and a temporary pullback.
**3️⃣ MY MESSAGE TO SPOT HOLDERS! 🐼**
If you've been sitting on USDT waiting for the perfect bottom, I think it's time to start considering gradual accumulation.
Here's my approach:
🟢 First small buying orders around current levels.
🟢 Keep second buying orders ready around **$76,000–$75,000** in case another dip comes.
🟢 Focus on fundamentally strong coins and diversify your portfolio.
🟢 Always keep some USDT or cash available for unexpected opportunities.
Remember, NEVER invest everything at once!
**4️⃣ ARE WE APPROACHING A BIGGER RECOVERY? 👀**
Bitcoin has already spent considerable time correcting and consolidating. These phases can help reset the market before its next major move.
This doesn't confirm that the bottom is in, but personally, I believe we could be approaching an important recovery phase.
That's why I prefer **GRADUAL ACCUMULATION over waiting endlessly for the absolute bottom.**
🐼 Stay patient, manage your risk, and don't let emotions control your decisions.
$SOL is bouncing right now, but don't get trapped in this recovery! The bigger trend is still bearish, and something interesting is happening behind the scenes. 👀
More and more traders are entering LONG positions, which could create the perfect conditions for another LONG SQUEEZE if SOL faces rejection from resistance!
📉 SHORT SETUP
We will scale into our short position between Current Market Price (CMP) and $96.90.
🛑 Stop-Loss: $99.20
🎯 TP1: $93.10 🎯 TP2: $91.40 🎯 TP3: $89.90
👇👇👇👇👇👇👇👇👇👇👇 ENTER NOW💸💥💸😶🌫️💸😶🌫️💸
Once targets start hitting, we will trail the remaining position to secure potential profits. 🔒
⚠️ The wider stop-loss gives the trade more room to handle market volatility, but it does not guarantee protection. Keep your position size smaller to maintain the same level of risk.