⚠️ $BTC TRAP ALERT: Why $94k is the "Kill Zone"
We just saw a massive bounce from the $83,500 lows, and now everyone is screaming "Moon" again. Careful. This looks like a classic liquidity hunt before the Fed meeting next week.
The Setup (Dec 4):
We are currently pushing $93,400, but leverage is still flushed. This rally isn't being driven by degens, which is good, but the $94,000 - $95,000 zone is a brick wall of resistance.
The Trap:
Market Makers know retail is front-running the rate cuts. They want to pin price just below $95k to bait early longs, then wick it down to re-test demand.
My Plan:
The Bait: If we wick above $94.5k without volume, I am NOT chasing. That’s a bull trap.
The Buy Zone: I am interested in bids around $88k. If we lose that, the $83.5k bottom gets re-tested.
Verdict:
Don't be exit liquidity. Let the candle close confirm the breakout. Until $95k flips to support, we are just chopping inside a range.
Stay frosty. 🧊
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