The summit trap? Analysis of the market makers' logic 🚨
I see that the rise to $74,400 was merely a "professional liquidity pull" to trigger contracts and mislead traders into a price explosion.
Why is the decline more likely?
Weak momentum: The rapid rebound to $70,829 confirms the dominance of the "bears" and the failure of the bulls to hold above the peak.
Wave logic: We are in a corrective structure; as long as we remain below $74,800, the trend is negative.
Upcoming targets:
First target: Testing support at $60,000.
Long-term target: Cleaning the market at $49,000.
Exit signal: Breaking above $75,000 nullifies this scenario.
Trade with logic, not emotion.
$BTC
#Bitcoin #BTC #CryptoCaesar
#BinanceSquare #Analysis
I see that the rise to $74,400 was merely a "professional liquidity pull" to trigger contracts and mislead traders into a price explosion.
Why is the decline more likely?
Weak momentum: The rapid rebound to $70,829 confirms the dominance of the "bears" and the failure of the bulls to hold above the peak.
Wave logic: We are in a corrective structure; as long as we remain below $74,800, the trend is negative.
Upcoming targets:
First target: Testing support at $60,000.
Long-term target: Cleaning the market at $49,000.
Exit signal: Breaking above $75,000 nullifies this scenario.
Trade with logic, not emotion.
$BTC
#Bitcoin #BTC #CryptoCaesar
#BinanceSquare #Analysis