We called the $SIREN, $RAVE, and $BEAT traps before they ever happened.
{future}(BEATUSDT)
Now, $LAB is following the exact same script.
Every cycle, I see traders get trapped because they obsess over direction instead of timing.
Here is the only data you actually need to care about right now: after a wild ride from $5 to $24 and back down, LAB is holding around $13.
But the major liquidity? It’s sitting right at $15-$18.
I don't think we see a straight crash back to $8.
If whales wanted...
$BTC I just had a look at the past 12 Sundays and found a quite interesting Sunday-to-Monday correlation.
Whichever direction Sunday took, it got reversed 12/12 times on Monday.
In other words, Sunday strength was followed by weakness on Monday, while Sunday weakness was followed by strength on Monday.
Of course, a sample size of 12 weeks is far too small to draw any major conclusions from.
Still, it's an interesting pattern and definitely something I'll be paying attention to going forward....