Even when Hyblock heatmaps show heavy liquidity sweeps that look bullish, history shows that most of these initial bounces are just traps designed to hunt leverage.
It is incredibly frustrating to watch
$BTC sweep the lows, trigger your FOMO, and then watch your long position immediately go underwater because you jumped the gun. We have all been there, buying the green candle only to realize we just funded someone else's exit liquidity.
Right now, everyone is getting excited about this recent bounce, but the reality is we are still stuck inside a messy trading range. Looking at the order books, anything below the $65.7k level is essentially just noise designed to chop you up. Until we actually clear that hurdle, this run is just a countertrend bounce rather than a true market reversal.
To actually confirm that the bottom is in, we need to see sustained buying pressure that pushes
$BTC above $67k and holds it there. Until that happens, the risk of a sudden flush remains high, especially if
$ETH and other majors fail to show strength alongside it. Staying in cash or waiting for confirmation might feel boring, but it beats getting caught on the wrong side of a leverage flush.
Are you bidding this bounce, or are you waiting for a clean break above 67k?
#Bitcoin #CryptoTrading #TechnicalAnalysis