$BTC What's up, my fellow traders? How's the long position holding up? After I gave you all a heads-up, I'm now warning anyone who's about to fomo into a short—get ready for some turbulence!
The main pump motivation is to short-sell, the levels 120–122k are still areas that can easily be pushed to. • However, this wave has pumped quickly, Volume + RSI are starting to diverge. If the price does not decisively exceed 118.8k–119k, a short-term bearish divergence may occur. • If Open Interest and funding spike again, but the price does not break the peak, a sharp drop may easily occur to liquidate longs. #BTCBreaksATH $BTC
$BTC must be swept up to the area 109-110 to shake off some shorts before it can go down. If it goes straight down, there must be bad news. * I say it briefly like that so that everyone can have multiple perspectives! Wishing everyone good luck in investing. Remember to supplement your knowledge about trading.
$BTC be careful with the trap, comrades. * I've been too busy lately to write a comprehensive article. So I'm just posting a brief note for everyone to be careful and pay attention. Best regards!