After taking profit on my $ETH short position last night, this happened. Here is the ETH chart after a significant drop.
Interestingly, during the early morning hours—just as Asian traders were prepping their breakfast—the market makers executed a lightning-fast pull upward, triggering a massive bounce back.
This is a classic example of an institutional "liquidity sweep" or "stop hunt." By aggressively driving the price down first, they triggered retail stop-losses and trapped breakout shorters. Once the cheap liquidity was secured during the low-volume transition into the Asian session, they cleared the board with a sharp V-shape recovery.
Did you catch this move, or did you get caught in the hunt? Let me know your thoughts in the comments!
Here is $ETH which I previously referred to as "Short first, explain later."
This is how the setup currently aligns on my proprietary trading system. Feel free to determine your own Take Profit (TP) zones based on your personal strategy :) Keep in mind that in the long run, both $BTC and ETH are fundamentally positioned to resume their macro uptrends when the time comes.
Based on the parameters aggregated by my proprietary system, the red arrow designates a prime short execution zone.
At this juncture, I do not recommend initiating new short positions, as the asset has already undergone a significant downside expansion. While I personally remain in this trade—currently holding a floating profit with an adjusted stop-loss (SL) in the green to lock in gains—chasing the move here carries an unfavorable risk-to-reward ratio. Please utilize this data as an initial macro reference. Ensure you manage your risk exposure accordingly based on real-time price action, as the market structure is already clearly defined.
I have developed a proprietary trading system that has proven highly accurate in filtering and identifying high-probability Long and Short setups. Regarding the current market structure for STRK, the system has triggered a short entry. However, the initial alert was generated 5 hours ago. Consequently, chasing the move or entering out of FOMO is not advised at this stage, despite the prevailing downside momentum and price weakness.
Please utilize this data as an initial macro reference. Ensure you manage your risk exposure accordingly based on real-time price action.
A few days ago, I shorted $STRK and took full profit, but then it just kept going higher and higher. However, every rally has its limit, and there is always a perfect time to short.
Want to know how to spot it? Follow me, and I’ll share it soon… #STRK
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Let's discuss the Daily Market Structure for $BTC 📊 This is the $BTC D1 (1-Day) chart.
Looking at the bottom at $57.7K, this actually marks the 0.618 Golden Ratio Fibonacci level on the D1 time frame (something many people might have missed!).
Meanwhile, the $82.8K level represents the last Lower High structure. If we get a clean breakout above this level, it will trigger a Market Structure Shift (MSS)—which means a 95% potential bullish continuation.
If you look closely at the white box, there is a Fair Value Gap (FVG) zone. While we ideally don't want to see price drop back into this area, a swing low remains a real possibility if the market wants to build up stronger momentum for a more powerful upward move.
Again, this is not a prediction. I always prefer reacting to price action rather than trying to predict it ( Reaction over Prediction ).
What are your thoughts on this setup? Let me know your thoughts in the comments below, friends! 🫡
Feel free to exit at the nearest resistance and also you may let the profit runs to the higher resistance by using $BTC as a bias to exit if you see BTC is going to correct downward…