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Deluca Research
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$BTC
$BTC just trapped both sides again.
First the market dumped hard to 77.6K and triggered panic⊠now a small bounce is already making traders believe the bottom is in.
This is exactly how emotional trades get punished.
The reaction looks decent short term, but momentum still belongs to the sellers until buyers prove they can reclaim control.
Most people will probably rush into positions here trying to predict the reversal early.
Personally waiting for confirmation instead of trusting every bounce.
$BTC #Bitcoin #BinanceSquare
$BTC just trapped both sides again.
First the market dumped hard to 77.6K and triggered panic⊠now a small bounce is already making traders believe the bottom is in.
This is exactly how emotional trades get punished.
The reaction looks decent short term, but momentum still belongs to the sellers until buyers prove they can reclaim control.
Most people will probably rush into positions here trying to predict the reversal early.
Personally waiting for confirmation instead of trusting every bounce.
$BTC #Bitcoin #BinanceSquare
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.