everyone thinks shorting local resistance is free money, but actually you are just stepping in front of a freight train to pick up pennies. most traders destroy their entire stack overtrading choppy ranges and trying to top-tick every tiny pump instead of waiting for clean setups.
look at the price action on $BTC right now ser. trying to short the 81k highs repeatedly because it hit resistance a couple times is how accounts get wiped. compression within a macro uptrend always leads to violent expansion to the upside eventually, exactly like what happened when price consolidated in the 62k-67k range before ripping.
ngl i would rather sit on my hands and wait for higher confirmation around 89,070 than scrape peanuts in the middle of a range. while momentum rotates into $ETH and majors, the real alpha is having the discipline not to chop yourself up while smart money prepares the next expansion.
are you playing the chop here or sitting on your hands until the breakout?
#Bitcoin #CryptoTrading #PriceAction
look at the price action on $BTC right now ser. trying to short the 81k highs repeatedly because it hit resistance a couple times is how accounts get wiped. compression within a macro uptrend always leads to violent expansion to the upside eventually, exactly like what happened when price consolidated in the 62k-67k range before ripping.
ngl i would rather sit on my hands and wait for higher confirmation around 89,070 than scrape peanuts in the middle of a range. while momentum rotates into $ETH and majors, the real alpha is having the discipline not to chop yourself up while smart money prepares the next expansion.
are you playing the chop here or sitting on your hands until the breakout?
#Bitcoin #CryptoTrading #PriceAction
