Hira ID- 376319262
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$BTC
The Buzzing Bee
·
--
⚜️💢🌟 BTC Will do one of two things this weekend...
Progress higher to sweep upper 3D liquidation between 71.3 and 73k (sweeping late shorts), then pivot lower early next week.
Or, continue sideways and dump to 67-69k (liquidation range), possibly lower.
Is this another MM trap?
Logic says yes, emotion says FOMO.
First thing we have to understand is why the price is increasing. It's because we had an overextension this past weekend to 76k, followed by 5 consecutive red days Mon-Fri - destroying late longs using 15x leverage or higher.
What we're seeing today is textbook capitulation.
Lower highs, on a weekend.
Nothing to write home about.
The second thing we need to understand is that True Retail Long Delta remains high. While Open Interest steadily declines. This suggests retail traders are still FOMO'ing in. It also indicates overall weakness in the current trend and that downside is inevitable - unless of course, we see SIGNIFICANT volume, which is uncommon on weekends.
On top of TRL and OI, there is significant downside momentum and divergence on multiple TF's.
MM's are not done selling. They are simply allowing retail to slowly increase the price as CT/YT recommends you buy this dip.
Retail gets paid on Friday's, buys BTC.
Markets open Sunday/Monday, Whale sells BTC.
Rinse. Repeat.
Don't be another statistic.
Be patient instead.
My gut tells me we slowly increase today / tomorrow and see another selloff early next week.
I'll be adding to my short position in the 71-73k range.
What will you do ⁉️ COMNENT BELOW ✅️👇
$BTC
{future}(BTCUSDT)
$CHZ
{future}(CHZUSDT)
$SUI
{future}(SUIUSDT)
Progress higher to sweep upper 3D liquidation between 71.3 and 73k (sweeping late shorts), then pivot lower early next week.
Or, continue sideways and dump to 67-69k (liquidation range), possibly lower.
Is this another MM trap?
Logic says yes, emotion says FOMO.
First thing we have to understand is why the price is increasing. It's because we had an overextension this past weekend to 76k, followed by 5 consecutive red days Mon-Fri - destroying late longs using 15x leverage or higher.
What we're seeing today is textbook capitulation.
Lower highs, on a weekend.
Nothing to write home about.
The second thing we need to understand is that True Retail Long Delta remains high. While Open Interest steadily declines. This suggests retail traders are still FOMO'ing in. It also indicates overall weakness in the current trend and that downside is inevitable - unless of course, we see SIGNIFICANT volume, which is uncommon on weekends.
On top of TRL and OI, there is significant downside momentum and divergence on multiple TF's.
MM's are not done selling. They are simply allowing retail to slowly increase the price as CT/YT recommends you buy this dip.
Retail gets paid on Friday's, buys BTC.
Markets open Sunday/Monday, Whale sells BTC.
Rinse. Repeat.
Don't be another statistic.
Be patient instead.
My gut tells me we slowly increase today / tomorrow and see another selloff early next week.
I'll be adding to my short position in the 71-73k range.
What will you do ⁉️ COMNENT BELOW ✅️👇
$BTC
{future}(BTCUSDT)
$CHZ
{future}(CHZUSDT)
$SUI
{future}(SUIUSDT)
what will I do now. My ID - 376319262
The Buzzing Bee
·
--
⚜️💢🌟 BTC Will do one of two things this weekend...
Progress higher to sweep upper 3D liquidation between 71.3 and 73k (sweeping late shorts), then pivot lower early next week.
Or, continue sideways and dump to 67-69k (liquidation range), possibly lower.
Is this another MM trap?
Logic says yes, emotion says FOMO.
First thing we have to understand is why the price is increasing. It's because we had an overextension this past weekend to 76k, followed by 5 consecutive red days Mon-Fri - destroying late longs using 15x leverage or higher.
What we're seeing today is textbook capitulation.
Lower highs, on a weekend.
Nothing to write home about.
The second thing we need to understand is that True Retail Long Delta remains high. While Open Interest steadily declines. This suggests retail traders are still FOMO'ing in. It also indicates overall weakness in the current trend and that downside is inevitable - unless of course, we see SIGNIFICANT volume, which is uncommon on weekends.
On top of TRL and OI, there is significant downside momentum and divergence on multiple TF's.
MM's are not done selling. They are simply allowing retail to slowly increase the price as CT/YT recommends you buy this dip.
Retail gets paid on Friday's, buys BTC.
Markets open Sunday/Monday, Whale sells BTC.
Rinse. Repeat.
Don't be another statistic.
Be patient instead.
My gut tells me we slowly increase today / tomorrow and see another selloff early next week.
I'll be adding to my short position in the 71-73k range.
What will you do ⁉️ COMNENT BELOW ✅️👇
$BTC
{future}(BTCUSDT)
$CHZ
{future}(CHZUSDT)
$SUI
{future}(SUIUSDT)
Progress higher to sweep upper 3D liquidation between 71.3 and 73k (sweeping late shorts), then pivot lower early next week.
Or, continue sideways and dump to 67-69k (liquidation range), possibly lower.
Is this another MM trap?
Logic says yes, emotion says FOMO.
First thing we have to understand is why the price is increasing. It's because we had an overextension this past weekend to 76k, followed by 5 consecutive red days Mon-Fri - destroying late longs using 15x leverage or higher.
What we're seeing today is textbook capitulation.
Lower highs, on a weekend.
Nothing to write home about.
The second thing we need to understand is that True Retail Long Delta remains high. While Open Interest steadily declines. This suggests retail traders are still FOMO'ing in. It also indicates overall weakness in the current trend and that downside is inevitable - unless of course, we see SIGNIFICANT volume, which is uncommon on weekends.
On top of TRL and OI, there is significant downside momentum and divergence on multiple TF's.
MM's are not done selling. They are simply allowing retail to slowly increase the price as CT/YT recommends you buy this dip.
Retail gets paid on Friday's, buys BTC.
Markets open Sunday/Monday, Whale sells BTC.
Rinse. Repeat.
Don't be another statistic.
Be patient instead.
My gut tells me we slowly increase today / tomorrow and see another selloff early next week.
I'll be adding to my short position in the 71-73k range.
What will you do ⁉️ COMNENT BELOW ✅️👇
$BTC
{future}(BTCUSDT)
$CHZ
{future}(CHZUSDT)
$SUI
{future}(SUIUSDT)
Thank God
ALI BNB 0
·
--
BullishEid special 🌙 Wishing everyone love, peace, and endless happiness! ✨
So quite. Eid Mubarak
🕌 Eid Mubarak! May your day be full of light, laughter & blessings 🎉🌙 $BTR $SIREN $RIVER
good night dear ❤️
good night peace people. have a sweet dream😍😍
love from BD🇧🇩
love from BD🇧🇩
Fine dear
good morning peace people
how are you??
how are you??
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My ID -376319262
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hira
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great
A Allah, grant us better in this month of Ramadan
I went to marry her but she says will marry me when $LUNC Hits 1$
I went to marry her but she says will marry me when $LUNC Hits 1$
6
Quoted content has been removed
so quite
Quoted content has been removed
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I think I'm cute 😇 Can you please Follow me
I will buy Pepe coin
BlockchainBaller
·
--
If I sent you $30K, which coins would you buy?
1. $BTC 2. $ETH
3. #XRP 4. $SOL
5. #TRX 6. #ADA
7. $BNB 8. $SUI
9. $PEPE 10. $ALGO
11. $DOGE 12. You write
I will read all of your comments!
1. $BTC 2. $ETH
3. #XRP 4. $SOL
5. #TRX 6. #ADA
7. $BNB 8. $SUI
9. $PEPE 10. $ALGO
11. $DOGE 12. You write
I will read all of your comments!
BTC
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how it possible dear
O Allah, grant us better in this month of Ramadan 🤲
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Short Opportunity Might Appear If Weakness Continues.
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Short Opportunity Might Appear If Weakness Continues.
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