$BTC is facing rejection near $84.3K after the sharp push up, with short-term momentum turning bearish.
{future}(BTCUSDT)
$BTC — SHORT SETUP
Entry: $84,050 – $84,300 | TP: $83,800 / $83,350 / $82,900 | SL: $84,550
Will BTC lose $83.8K and trigger another move lower?
October historically averages around +20% (the so-called "Uptober"), but last year it kicked off a nightmare drawdown instead. Sure, we can hope for a repeat of the good years, but don't get carried away. Size appropriately, manage risk, and stay patient. History rhymes, but it doesn't guarantee anything. $BTC
Ufff... this trader's $ZEC long hurting, $ASTER short hurting… while the $BTC long is keeping the PnL somewhat alive.
ZEC has pulled back more than 18% from its recent high, and trader 0x362a just took a pretty nasty hit on the way down.
The wallet opened a 5x long on 4,134.923 ZEC, worth around $5.8M, on Aster DEX. It’s now sitting at about -$348,082.11 in unrealized losses, down 29.50%.
But that’s not the only position.
The same wallet is also running a 4x short on 999,999.46 ASTER, currentl...