Despite the LTF chop on $BTC , the market has consistently been hunting longs below previous lows.
So the bigger question is: why keep targeting the same side?
When one side is repeatedly swept, there’s often a reason. The market may be clearing liquidity, reducing leverage, and slowly destroying confidence in longs.
Eventually, traders become conditioned to expect every dip below the lows to lead to another breakdown.
And that’s when things can change.
The final sweep can become the local bottom, followed by an expansion back toward the highs.
The idea is simple: make the eventual winning side as uncomfortable as possible. Shake them out, destroy conviction, and make them believe they’re wrong.
Repeatedly sweeping the lows after a strong impulse is exactly how that setup can develop.
#USBankCompletesCrossBorderPaymentPilotOnStellar #EtherRalliesAsBearishBetsLiquidate
So the bigger question is: why keep targeting the same side?
When one side is repeatedly swept, there’s often a reason. The market may be clearing liquidity, reducing leverage, and slowly destroying confidence in longs.
Eventually, traders become conditioned to expect every dip below the lows to lead to another breakdown.
And that’s when things can change.
The final sweep can become the local bottom, followed by an expansion back toward the highs.
The idea is simple: make the eventual winning side as uncomfortable as possible. Shake them out, destroy conviction, and make them believe they’re wrong.
Repeatedly sweeping the lows after a strong impulse is exactly how that setup can develop.
#USBankCompletesCrossBorderPaymentPilotOnStellar #EtherRalliesAsBearishBetsLiquidate
