Why is everyone celebrating the recent price spike without checking who actually bought the move?
Most retail traders rush to chase green candles right after a sudden surge, only to find themselves trapped the moment momentum abruptly stalls.
When $ETH pushes aggressively higher off cascade liquidations, it is rarely organic spot demand driving the impulse. Overleveraged short sellers are simply forced to market-buy to cover their positions, dragging $BTC and the broader market along for the ride.
Instead of longing into spiking funding rates, wait for the liquidation dust to settle. Map out key support retest levels and let open interest stabilize before taking any new entry. The real continuation trade happens only after late FOMO longs get shaken out and genuine spot accumulation takes over.
Are you positioning for a retest here, or do you expect this squeeze to keep running?
#EtherRalliesAsBearishBetsLiquidate #CryptoLiquidations
Most retail traders rush to chase green candles right after a sudden surge, only to find themselves trapped the moment momentum abruptly stalls.
When $ETH pushes aggressively higher off cascade liquidations, it is rarely organic spot demand driving the impulse. Overleveraged short sellers are simply forced to market-buy to cover their positions, dragging $BTC and the broader market along for the ride.
Instead of longing into spiking funding rates, wait for the liquidation dust to settle. Map out key support retest levels and let open interest stabilize before taking any new entry. The real continuation trade happens only after late FOMO longs get shaken out and genuine spot accumulation takes over.
Are you positioning for a retest here, or do you expect this squeeze to keep running?
#EtherRalliesAsBearishBetsLiquidate #CryptoLiquidations
