How to trade a squeeze market: both sides can liquidate, so size small and wait for the close. 📚
K33 research says Bitcoin is ripe for a squeeze with perpetual open interest near 353,000 BTC, which means a breakdown below the 200 day average near 73,150 dollars could trigger substantial long liquidations, while a recovery above 76,100 dollars could fuel short covering, and both moves would be violent. 💡 My rules for a market like this are simple: never trade full size into a data print, because the CPI flush proved one number can wipe 725 million dollars of positions in a day, wait for the daily close around the key average instead of trading every half hour candle, and keep a stop loss on every position because a squeeze does not care about your thesis. The traders who survived Tuesday were the ones with small size and a plan, not the ones who were right about direction.
What is your rule for trading into PPI on Friday: trade it, or wait for the close? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #Tutorial
K33 research says Bitcoin is ripe for a squeeze with perpetual open interest near 353,000 BTC, which means a breakdown below the 200 day average near 73,150 dollars could trigger substantial long liquidations, while a recovery above 76,100 dollars could fuel short covering, and both moves would be violent. 💡 My rules for a market like this are simple: never trade full size into a data print, because the CPI flush proved one number can wipe 725 million dollars of positions in a day, wait for the daily close around the key average instead of trading every half hour candle, and keep a stop loss on every position because a squeeze does not care about your thesis. The traders who survived Tuesday were the ones with small size and a plan, not the ones who were right about direction.
What is your rule for trading into PPI on Friday: trade it, or wait for the close? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #Tutorial
