🎯 Did I not warn you? The reverse liquidation drop is happening now exactly as we predicted! 📉
👋Hello friends,
Do you remember my previous post from a few hours ago when I warned you not to be fooled by the first green candle after the US jobs report?
This is exactly what happened now! Market makers temporarily pushed the price up toward $87,000 to attract impulsive buyers (FOMO), then suddenly reversed direction to hit the futures contracts and liquidate (Liquidation) traders who were dreaming of a fast upward move.
💡 What do we learn from this lesson?
The news is positive for the medium term for the economy, but the intraday price movement was designed to clean the market of high leverage.
Smart buying is never done when the green candles explode, but when things calm down and at support zones (such as the current coin accumulation levels $ICP around $3.30).
Now that the storm has settled and the impatient traders have been liquidated, the market’s real movement is starting to become clear.
Did you take advantage of the current drop to buy from the bottom, or did you just watch the movement? Share with me in the comments! 👇
#BinanceSquare #MarketUpdate #Liquidations #cryptotrading #BTC
$BTC
👋Hello friends,
Do you remember my previous post from a few hours ago when I warned you not to be fooled by the first green candle after the US jobs report?
This is exactly what happened now! Market makers temporarily pushed the price up toward $87,000 to attract impulsive buyers (FOMO), then suddenly reversed direction to hit the futures contracts and liquidate (Liquidation) traders who were dreaming of a fast upward move.
💡 What do we learn from this lesson?
The news is positive for the medium term for the economy, but the intraday price movement was designed to clean the market of high leverage.
Smart buying is never done when the green candles explode, but when things calm down and at support zones (such as the current coin accumulation levels $ICP around $3.30).
Now that the storm has settled and the impatient traders have been liquidated, the market’s real movement is starting to become clear.
Did you take advantage of the current drop to buy from the bottom, or did you just watch the movement? Share with me in the comments! 👇
#BinanceSquare #MarketUpdate #Liquidations #cryptotrading #BTC
$BTC
