$NVDAB $AAPLB $NVDA.US How are you playing $BTR from here? 👀
$BTR is now approaching its previous pump-and-dump peak, so this is a critical area to watch.
Are you looking to take profits, short the resistance, or wait for confirmation before buying?
In my opinion, patience matters here. These types of market cycles can take time to fully develop. For example, $BTR's previous major move reportedly developed over more than two months, from around mid-January until the decline toward the end of March.
The key is not to rush and not to blindly chase either longs or shorts. During highly volatile moves, leveraged positions can become liquidity targets, and both aggressive shorts and late longs can get trapped.
My approach: follow price action, watch volume and key liquidity zones, and wait for confirmation.
Sometimes the best way to understand a move is to ask:
Where is the liquidity, and what would trap the most traders? 🤔
$BTR is at an interesting level now. What’s your play from here — Long, Short, or Wait? 📊
#btr