Good morning✨️

Guys, I wouldn't advise anyone to enter trades right now 🤌

The crazy drop that happened was due to the liquidation of long futures positions😑

The whales are selling gradually...

With every sale of futures positions, liquidation occurs, increasing the drop 🤗

And those who managed to exit took the remaining crumbs from their balance🫣

Thus, the drop continued to slide with the pressure of selling and liquidation🫥..

Okay, there was a rise and there is buying and improvement 😏..

I will explain to you that the strong rebound was due to the whales buying from the bottom 🫠..

And it is just a temporary rebound..

Because futures do not stop their trading; they opened sell positions during the downtrends hoping to recover losses🫣..

✨️The important thing right now is that I see the market will have fluctuations between drops and rises, clear manipulation, meaning it is dangerous to enter the market now..

As spot traders, we will be patient and monitor the market..

If you are going to buy, buy a small portion and set a stop loss..

And do not enter with your entire capital in any currency right now❌️