🚩 $BTC Leaves a CME Gap Between $67K–$68K After Weekend Dump

After the sharp weekend sell-off, $BTC has left a CME gap between $67,000 and $68,000. Let’s break down what this means for the market.

A CME gap occurs when price moves significantly while the Chicago Mercantile Exchange (CME) futures market is closed, creating a price range that hasn’t been traded on the CME chart. Historically, Bitcoin tends to revisit these gaps, which is why many traders keep a close eye on them.

However, this doesn’t automatically mean a massive pump is coming. What it suggests is that price may still revisit the $67K–$68K zone at some point to “fill” that gap before making its next major move. In other words, BTC could push up toward that area before potentially continuing its downward trend.

Overall, the broader market sentiment remains bearish today. As anticipated yesterday, the market dumped on Monday, with BTC dropping below $66,000 shortly after the weekly open.

Our positions are already deep in profit, and the stop loss has been moved into profit, locking in gains while allowing the trade to continue running.

There is still a small possibility that BTC rebounds to fill the CME gap around $68K before the next leg down. But for now, the primary bias remains bearish.

📉 Strategy from here:

• Avoid opening unnecessary long positions.

• Continue holding short positions while managing risk properly.

• Watch the $67K–$68K zone, as it could act as a potential magnet for price before the next move.

Smart risk management is key here. Let the market come to your levels rather than forcing trades.

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