To understand - the last time such a situation occurred was from February to April 2025. At that time, the reversal from the daily MA100 marked the beginning of a stronger decline. And it was not limited to support at the daily MA200. During that period, $BTC collapsed by 30% - from 109,000 to the weekly MA50 at 75,000.
The stock and cryptocurrency markets are moving in sync, and I think this trend will repeat!
Guys, what do you think, will there be a strong decline?
👀 $BTC waiting for the setup for another short position!
During the night, we removed the stops from the nearest high at 71.750. Funding for the main altcoins has already become neutral, while Bitcoin is still in progress.
The price has returned to the main resistance at 71.500 and the daily MA50. I am waiting for a reversal from the zone of good shorts and we will try to open short positions again.
Support is at 69.200, resistance at the peak of the price channel - for the last 3 days, Bitcoin has been stuck in a narrow range. I analyzed the reason today - большое количество коротких позиций.
Such situations are difficult to trade, so I prefer to close my short position (I set the closure at 69.500) and see what happens.
What do you think will happen next - a break of support down or a break of resistance up? 🙄
I also opened a short position on BNB. The coin is moving sideways and has a declining trend on the daily timeframe. Therefore, I used this local increase to open a short position within the larger daily trend. Let's see what happens.
👀 The American session on the stock market today will be important! And here's why!
Yesterday, trading on the S&P500 ended with a retest of the daily MA100. The last 4-hour candle is bearish. At the same time, the decline engulfed all the gains for the session, and the index closed at -0.21%.
Two retests without breaking the MA100 indicate the weakness of buyers.
The decline of the S&P500 contributed to the formation of short setups for $BTC , $ETH , $SUI , and other liquid altcoins, for which I opened short positions yesterday.
If the bearish trend in the stock market continues today, our short positions will gain good downward momentum!
There are 4.5 hours until the American session. Let's see what happens!
What do you think, will the S&P500 be rising or falling today?
The price is starting to enter the good short zone. But the coin is already starting to fall. For now, the weakest altcoin, and possibly Solana will reverse faster than Bitcoin.
I think tomorrow we will be opening a short on $SOL . Will you open a short position on Solana with me?
Since the coin is in a sideways trend, I expect it to fall down. I have already taken the first part of the short position. For now, it's a small position. I will open the second part according to the strategy - when the price reverses in the area of good shorts!
Perfect movement according to the arrows and a precise reversal from the resistance at 69.200! This time I placed a limit order at the level of 69.200 and accumulated part of the short position.
Идея локального роста была тут!
There has now been a change in the market structure from rising to falling. But according to the oscillator, there is still no reversal, and according to my usual strategy, there is no entry yet.
I will accumulate the second part in the area of good shorts. I also plan to open positions in altcoins there!
Manipulation, hunting for stops, liquidity gathering - this phenomenon is referred to by different names. But the essence is the same - large institutional players use this liquidity zone to build shorts. They push the price up to activate stops, thereby obtaining the necessary liquidity to enter the short. After a sharp price spike above the maximum, a reversal occurs.
This is why there was a rise after the start of the war in Iran, even though logically there should have been a decline!
Beginners often fall into this trap and lose money. Experienced traders stick to their plan and understand the manipulation!
And now the question - is it right to set a stop when we find ourselves in such a situation, or is it better to wait out the liquidity gathering without a stop? 😏