Caught this $G short at 0.01186 on 20x. Price was stretched after the recent squeeze. Funding flipped and volume dried on the bounce. That was the tell.
Structure broke below the 0.0108 shelf. Sellers stepped in hard. Closed the bulk around 0.00807. Move paid +638%. Simple math. 32% drop times leverage.
Gravity still looks heavy. Lower highs on the 4h. RSI reset but no real bid volume yet. Next watch is 0.0074 demand. Lose that and another leg down opens. Hold and we chop.
Alt market is messy. BTC range-bound. Liquidity hunting both sides. These low-cap perps punish late longs fast.
Not financial advice. Leverage cuts both ways. Size small. Manage risk. Past trades mean nothing tomorrow. DYOR.
$CELR $AKE
#BOJRaisesRatesTo31YearHigh #BuffettStepsDownAsBerkshireChairman #XRPExchangeReservesHitSevenYearLow #HKCompletesFirstHKDStablecoinUseCase
Structure broke below the 0.0108 shelf. Sellers stepped in hard. Closed the bulk around 0.00807. Move paid +638%. Simple math. 32% drop times leverage.
Gravity still looks heavy. Lower highs on the 4h. RSI reset but no real bid volume yet. Next watch is 0.0074 demand. Lose that and another leg down opens. Hold and we chop.
Alt market is messy. BTC range-bound. Liquidity hunting both sides. These low-cap perps punish late longs fast.
Not financial advice. Leverage cuts both ways. Size small. Manage risk. Past trades mean nothing tomorrow. DYOR.
$CELR $AKE
#BOJRaisesRatesTo31YearHigh #BuffettStepsDownAsBerkshireChairman #XRPExchangeReservesHitSevenYearLow #HKCompletesFirstHKDStablecoinUseCase
