We are witnessing a euphoria not seen in years. Bitcoin smashing historical highs above $90,000 is the news that everyone is celebrating. Social media is a hotbed of rockets and 'lambo' memes. But as a trader, my job is to ignore the noise and read the harsh reality of the chart. And what I see forces me to be brutally honest: the danger is now higher than ever.
The Relative Strength Index (RSI) in high timeframes is at extreme overbought levels, screaming that the market is overheated. Every novice trader is in profit and feels like a genius. This is the classic psychological trap. Smart money does not buy in euphoria; it creates it to be able to sell.
My opinion is clear: this is not the time to leverage yourself to the hilt or to go "all-in". It is the time for the coldest and most calculated risk management of your life. I am taking partial profits on every bullish impulse. Not because I believe the market cannot rise further, but because the probability of a violent and sudden correction increases exponentially with each new high. Protecting capital now is more important than squeezing the last 10% of the movement. Don't be the liquidity for those who do have a plan.
#TradingSincero #CryptoAlert #RiskManagement #BitcoinATH #PsicologiaDelTrading #Binance #OverboughtMarket #Euphoria
