everyone thinks we are heading straight back into the deep mud, but actually the local bottom might already be printed right under our noses.
most traders are still panic selling or sitting in cash waiting for cheaper fills, only to get trapped re-buying the local top when momentum flips. getting chopped up while trying to catch the absolute bottom usually just drains your stack before the real leg even starts.
look at the charts ser, $BTC has officially reclaimed the range lows and is holding strong acceptance above them instead of rolling over. on lower timeframes, we just printed a clean higher low and are knocking right on the door of a higher high.
ngl the setup looks primed for a squeeze directly into the $85k region where a mountain of short-term liquidity is sitting. if buyers can clear that pocket with conviction, majors like $ETH and $SOL will probably follow the momentum right back up the curve.
are you longing this reclaim or still waiting for another sweep of the lows?
#Bitcoin #CryptoTrading #Binance
most traders are still panic selling or sitting in cash waiting for cheaper fills, only to get trapped re-buying the local top when momentum flips. getting chopped up while trying to catch the absolute bottom usually just drains your stack before the real leg even starts.
look at the charts ser, $BTC has officially reclaimed the range lows and is holding strong acceptance above them instead of rolling over. on lower timeframes, we just printed a clean higher low and are knocking right on the door of a higher high.
ngl the setup looks primed for a squeeze directly into the $85k region where a mountain of short-term liquidity is sitting. if buyers can clear that pocket with conviction, majors like $ETH and $SOL will probably follow the momentum right back up the curve.
are you longing this reclaim or still waiting for another sweep of the lows?
#Bitcoin #CryptoTrading #Binance
