If you are still longing every breakout directly into heavy overhead resistance, you are setting yourself up for unnecessary pain.
Most traders lose money not because they pick the wrong direction, but because they let FOMO blind them to major distribution zones. Watching your portfolio bleed out after chasing green candles near cycle highs is the quickest way to blow up an account.
There is currently a heated debate between bulls expecting an immediate continuation and traders preparing for a local top. The aggressive camp argues that $BTC will slice straight through key levels without looking back, pulling $ETH and major altcoins into a massive breakout leg.
I see it differently. If $BTC finds the momentum to push back into the 82k to 84k region, treating that area with pure greed is a dangerous game. Rather than blindly hoping for a clean push higher, activating a 50% hedge short into that liquidity pocket lets you lock in safety while staying exposed if the rally continues.
Are you looking to de-risk if we tap 84k, or are you holding spot all the way through?
#Bitcoin #CryptoTrading #Binance
Most traders lose money not because they pick the wrong direction, but because they let FOMO blind them to major distribution zones. Watching your portfolio bleed out after chasing green candles near cycle highs is the quickest way to blow up an account.
There is currently a heated debate between bulls expecting an immediate continuation and traders preparing for a local top. The aggressive camp argues that $BTC will slice straight through key levels without looking back, pulling $ETH and major altcoins into a massive breakout leg.
I see it differently. If $BTC finds the momentum to push back into the 82k to 84k region, treating that area with pure greed is a dangerous game. Rather than blindly hoping for a clean push higher, activating a 50% hedge short into that liquidity pocket lets you lock in safety while staying exposed if the rally continues.
Are you looking to de-risk if we tap 84k, or are you holding spot all the way through?
#Bitcoin #CryptoTrading #Binance
