Tin IREN and Microsoft are just bait. The ETF-approval news from January 2024 also created the same kind of euphoria: BTC surged to $49K then dumped to $38K in 14 days. Good news is always priced in early; real moves only come when retail gives up.
MM is using this neutral news to lure everyone into FOMO buying the top, while also sweeping stop-losses below the box’s bottom to accumulate cheaper. Price is around $64,200. Everyone should prepare a double scenario: if it breaks $65,800 with accompanying volume, enter with a Buy Follow to go Long, take profit 1 at $67,500, and trail to $69,200. If it breaks through $63,100, cut losses or Short immediately—don’t sacrifice. Stop-loss: $62,900. Long sideways periods are only a phase of sharpening the blade; those who stick to the rules will harvest profits when the bowstring snaps. Price silence is often the most vicious liquidity trap.
$BTC #BinanceSquare
#BinanceSquare #CryptoNews
MM is using this neutral news to lure everyone into FOMO buying the top, while also sweeping stop-losses below the box’s bottom to accumulate cheaper. Price is around $64,200. Everyone should prepare a double scenario: if it breaks $65,800 with accompanying volume, enter with a Buy Follow to go Long, take profit 1 at $67,500, and trail to $69,200. If it breaks through $63,100, cut losses or Short immediately—don’t sacrifice. Stop-loss: $62,900. Long sideways periods are only a phase of sharpening the blade; those who stick to the rules will harvest profits when the bowstring snaps. Price silence is often the most vicious liquidity trap.
$BTC #BinanceSquare
#BinanceSquare #CryptoNews