#BTC Trap & Plan to Hunt Liquidity at 90k6

Market Context:

According to the cycle "Build - Hold - Decay - Destroy", after reaching the peak of the 94k area (Build), BTC is currently entering the "Hold" phase (Maintaining a downtrend). The M15 structure has confirmed a bearish CHOCH and is continuously creating Lower Lows.

⚠️ Bottom Fishing Warning (The Trap):

Many are FOMOing to catch the bottom at the support area of 87,500 - 86,150.

However, according to the SMC system: "The first swing never holds its price". This is essentially an Inducement area. The Market Maker (MM) is likely to push the price through this area down to 86,000 - 85,600 to wipe out liquidity (Stoploss of the Buy side) before the next big wave.

🔍 Trade Setup:

Instead of chasing a short at the current price, we will patiently wait for the "Reflective Retracement" to get the best position (Premium Zone).

Observation Area: 89,800 (Between EMA34 & EMA89) - This is a noise area, high risk, easy to fall into a Bull Trap.

Ideal Entry Area: 90,600 - 90,800.

Reason: This is the confluence of the EMA89 (Dynamic Resistance) + Volume Profile (High Liquidity Area).

Note: Price may spike through EMA89 (Fakeout) to wipe out the Short side's SL early before a real drop.

🎯 Order Details (Reference):

Position: SHORT

Entry Limit: 90,600

Stoploss (SL): 91,557 (Above the nearest M15 Supply area).

Take Profit (TP): 86,000 (Wiping through the old bottom/Swing Low).

💡 Mindset: "Better to miss the train in the noise area (89.8k) than to lose money. Patiently wait for MM to hand out gifts at 90.6k."

What do you think about this spike scenario? Comment below! 👇

#Bitcoin #BTC #SMC #TradingStrategy #BinanceSquare