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The volatility is waiting for us!
Be very careful when trading today.
We saw a quick liquidation last Sunday just 10 minutes after CME opened.
This move trapped late short positions and immediately reversed, not after 10 minutes.
Later, Bitcoin surged toward 69K later in the week.
A stop-hunt city, merciless at all.
We have a very similar situation on hand today. A large part of the liquidation happened right below the current price before CME opened.
Stay alert, traders. Consider waiting until after CME opens to make your next move.
Less is more.
$BTC
Be VERY careful trading today.
Last Sunday we saw a quick flush of liquidation 10 minutes after CME opened.
This move trapped late shorts and reversed instantly, not 10 mins later.
After, Bitcoin ran towards 69k later in the week.
Stop hunt city, absolutely merciless.
We have a very similar situation on our hands today. A large chunk of liquidation just below the current price leading into CME open.
Stay vigilant traders, consider waiting until after CME opens to consider your next trade.
Less is more.
$BTC $ETH $ADA