The market now is like an old cat gently stroking a mouse—waiting for the right moment to pounce. News about Kraken (Payward) studying becoming a traditional bank, or arguments on the CME-CFTC screens, are really just staged performances to draw attention. But don’t be naïve and think this is a good sign. MM (Market Makers) are using this “neutral” news to hold prices in a long-lasting sideways range, making retail impatient and buying at local tops, while sweeping out all stop losses scattered around the accumulation zone.
Remember May 2021, when China banned BTC mining, pushing it from $58K down to $30K. The crowd panicked and sold in a rush. That was the major bottom for the persistent hands to take control, and what happened next? ATH $69K. History repeats, but in a different form: today we don’t have strong FUD from the project—what we have is deliberate boredom. Smart Money is quietly accumulating in the $64K–$65K range, waiting for the small players’ buying to get overly stretched before dumping.
The current strategy is to prepare the trigger. Wait for the price to break through the hard resistance at $67.5K with real volume. If it breaks, the short-term target is $69.2K. However, the higher-risk scenario is a fake breakout. If the daily candle closes below $63.8K, that’s a sign that MM has overloaded the position and will cut losses immediately—or a short-term short can skim down to $62K. Don’t hold on emotionally when the structure breaks—this market kills those who indulge their feelings.
If anyone is still unsure, place a Limit Buy order in the $64.5K area, TP1 at $67K, SL at $63.5K. If you want to catch the breakout top, enter the market when you see a candle holding firmly above $67.8K. Playing short-term requires cold-blooded discipline like stone.
$BTC #BinanceSquare #CryptoTrading
#BinanceSquare #CryptoNews
Remember May 2021, when China banned BTC mining, pushing it from $58K down to $30K. The crowd panicked and sold in a rush. That was the major bottom for the persistent hands to take control, and what happened next? ATH $69K. History repeats, but in a different form: today we don’t have strong FUD from the project—what we have is deliberate boredom. Smart Money is quietly accumulating in the $64K–$65K range, waiting for the small players’ buying to get overly stretched before dumping.
The current strategy is to prepare the trigger. Wait for the price to break through the hard resistance at $67.5K with real volume. If it breaks, the short-term target is $69.2K. However, the higher-risk scenario is a fake breakout. If the daily candle closes below $63.8K, that’s a sign that MM has overloaded the position and will cut losses immediately—or a short-term short can skim down to $62K. Don’t hold on emotionally when the structure breaks—this market kills those who indulge their feelings.
If anyone is still unsure, place a Limit Buy order in the $64.5K area, TP1 at $67K, SL at $63.5K. If you want to catch the breakout top, enter the market when you see a candle holding firmly above $67.8K. Playing short-term requires cold-blooded discipline like stone.
$BTC #BinanceSquare #CryptoTrading
#BinanceSquare #CryptoNews