Bybit tightens Brazil company verification until 21/9—sounds like administrative paperwork, but everyone, don’t confuse it with a liquidity trap that the market maker (MM) is setting up for the current sideways move. In March 2024, when BTC broke $73K, the funding rate skyrocketed and the crowd got excited. A week later, the market plunged 18%. The peak of euphoria is exactly when the MM wants to sweep stops and shake out inventory.
This event is only a filter for scattered positions, forcing weak capital flows to retreat so the maker can accumulate stock tightly within the range. Price is currently compressed within an accumulation band—everyone just needs to wait for confirmation. I’m placing the breakout at 1.0012; the next target is 1.0028, and then 1.0045 when volume spikes. Enter a trade while waiting for the 4H breakout candle: if it drops to 0.9985, cut the trade without hesitation to avoid a liquidity trap. Stay stone-cold, trade according to the plan, not emotions.
#USDT #BinanceSquare #CryptoNews
$USDT #BinanceSquare #CryptoNews
This event is only a filter for scattered positions, forcing weak capital flows to retreat so the maker can accumulate stock tightly within the range. Price is currently compressed within an accumulation band—everyone just needs to wait for confirmation. I’m placing the breakout at 1.0012; the next target is 1.0028, and then 1.0045 when volume spikes. Enter a trade while waiting for the 4H breakout candle: if it drops to 0.9985, cut the trade without hesitation to avoid a liquidity trap. Stay stone-cold, trade according to the plan, not emotions.
#USDT #BinanceSquare #CryptoNews
$USDT #BinanceSquare #CryptoNews