I have been warning you for the last 45 days that a big dump was coming and now itโs playing out exactly. Bitcoin has already dumped around $20K and is now trading near 112K, right at the major resistance zone that has triggered every big correction since 2018.
A small bounce to 115Kโ116K is possible, but after that I expect another leg down toward 100K, and potentially lower to 90K. Iโm still holding my 50% short position. If anything changes or I close my position, Iโll update you. Remember I mentioned earlier that if BTC went back to 125Kโ128K, I would add more shorts and that plan hasnโt changed.
Till Monday, I expect some volatility, but Mondayโs price action will give a clearer direction.
๐ธ Weekly: BTC touched the long-term trendline again โ clear rejection happened. ๐ Until we get a weekly close above 125K, the risk of a major pullback stays high.
๐ธ Daily: Price is inside the 110Kโ125K supply zone. Structure is weak. If price breaks and resists below 110K, then 100K is the next target.
๐ My Trade:
โ First target 105K hit Holding 50% shorts, expecting a bounce to 115K, then lower.
For the last 40 days Iโve been telling you guys Iโm bearish on $BTC. We already dropped almost 8K twice, but every time Bitcoin reclaimed the levels again. Right now itโs trading around 18K to 119k but nothing has changed for me. Iโm still bearish.
Iโve said many times that the 115K to 124K region is a short zone, not a long zone. If youโre still holding longs, Iโd strongly suggest you flip to shorts because the chart is flashing multiple top signals.
Donโt get trapped by hype like โBitcoin to 1 million by the end of this year.โ Thatโs just noise. The structure is weak, liquidity is being engineered, and the bigger downside move is still ahead.
๐จRisk Management 101 for Crypto Trading โ ๏ธโ๏ธ
โก๏ธHey Traders! To succeed in futures trading, strict risk management is essential. Always allocate only 10% of your wallet per trade. Start with 5% on your initial entry and 5% on your secondary entry. For example, if you have $100 in your wallet, limit your investment to $10 per trade (meaning $5 on the first entry and $5 on the second). Sticking to this 10% rule is key!
โก๏ธWhen you reach your target, adjust your stop loss (SL) to the entry price. If further targets are hit (e.g., Target 2 or Target 4), move your SL up to protect those gains. Remember: SL is criticalโanything can happen in crypto, as we've seen with assets like FTT and Luna.
โจ Profit-Taking Strategy: When the first target is reached, book 25% profit, and continue to take incremental profits as you hit each target. If SL hits, no worriesโwe'll recover, but only if you follow the setup consistently.
๐ Key Binance Futures Risk Management โ To avoid significant losses, follow this margin formula:
3x leverage: Use 18% of your margin 5x leverage: Use 15% of your margin 10x leverage: Use 10% of your margin 15x leverage: Use 5% of your margin 20x leverage: Use 4% of your margin 25x leverage: Use 3% of your margin 50x leverage: Use 2% of your margin 75x leverage: Use 1% of your margin 100x leverage: Use 1% of your margin โญโญโญโญโญโญ๐ฝ๐ฝ
โ Trade In Discipline Way The People who Follow Discipline,They can make profit 99% Guaranteed ,1% is risk for Market Bad News and volatility
๐ We are not trading here like gambling.
๐I am here for you to guideโค๏ธ ๐ดUse 5% of Fund with 10x Leverage ๐ข1ST Set TP 4 And SL ๐ดMost important thing โ ๏ธUse Last Price for Short โ ๏ธUse Mark Price for Long
๐ดThere is two entry in every given signal
โ ๏ธBuy 50% For 1st Given Entry โ ๏ธBuy 50% For 2nd Given Entry โ ๏ธIf said Buy/Sell in market price ,Then Enter in Markets price โ ๏ธIf said Buy/Sell in Given Entry ,Then Wait for the entry and put limt order to the entries.
โ This can bring your price in Mid price of both Enrty
โSome people enter in Entry 1 with 100% ,that's why when price going towards the Entry Two ,those people get panicked
โ This is call DCA (Doller Cost Average)
โบRule 1 : In Each TP Book 25% Profit
โ ๏ธMove Your Stop loss at entry when Tp 1 hit. โ ๏ธThen when TP2 hit then move stop loss to TP1 ๐ Do It To the last TP
๐ดRule 2 : Set TP1 with 25% book profit โ ๏ธIf TP 2 hit move your stop loss TP1 โ ๏ธIf TP3 hit move your stop loss TP2 โก๏ธDo It To the last TPs
โบRule 3 : Use Trailing Stop Loss. If You are busy โ ๏ธCB ,( call back) rate 0.5% โ ๏ธActive price TP1 โ ๏ธUsdt 100% โ ๏ธuse last price in trailing stop .. not mark price
โ ๏ธNote:- you can use any rule (method) from these three rules for Profit booking. Understanding the Crypto Lingo: โข ATH โ All time high โข ATL โ All time low โข BEARISH โ An expectation that price is going to decrease โข BULLISH โ An expectation that price is going to increase โข CMP - Current Market Price โข EP - Entry Price โข FIAT โ Government-issued currency โข FOMO โ Fear of missing out โข FUD โ Fear / Uncertainty & Doubt โข HODL โ Hold on for dear life โข ICO โ Initial coin offering โข JOMO โ Joy of missing out โข LONG โ Margin bull position โข MA - Moving Average โข MCAP โ Market Capitalization โข MOON โ Continuous upward movement of price โข NFT โ Non fungible token โข OTC โ Over the counter โข PUMP โ Upward price movement โข ROI โ Return on investment โข SHITCOIN โ A coin with no potential value or use โข SHORT โ Margin bear position โข SWING โ Zig Zag price movement(Upwards & Downwards) โข TA โ Technical Analysis โข REKT โ When you have a bad loss โข RSI โ Relative Strength Index โข WHALE โ Very wealthy trader/Market mover
๐จ SHOCKING: Nokiaโs CEO ended his final speech with: โWe didnโt do anything wrongโฆ but somehow, we lost.โ A brutal lesson for every business.
$NMR is sitting right on its demand zone and the chart looks primed for a breakout. Price has held this accumulation range for months, and the downtrend line has been losing strength with every retest. If buyers protect this zone and we get a push through the trend line, a break and hold above 12.5 becomes the real trigger. Clear that level and the move toward 22 to 25 can unfold quickly. This setup only needs one strong impulse to flip the entire narrative. {future}(NMRUSDT)
$NMR is sitting right on its demand zone and the chart looks primed for a breakout. Price has held this accumulation range for months, and the downtrend line has been losing strength with every retest. If buyers protect this zone and we get a push through the trend line, a break and hold above 12.5 becomes the real trigger. Clear that level and the move toward 22 to 25 can unfold quickly. This setup only needs one strong impulse to flip the entire narrative.