🚨#BTC is at a fork near $64000
Right now, we're hovering close to the key resistance at $64000. The market is trying to break through this level once more.
My plan and thoughts:
If we see a solid breakout and close above $64000, I'm jumping into long positions targeting $67000.
But there's one thing that's bothering me: too many people are expecting a continuation of the rise. When the majority are anticipating the same outcome, the market tends to go the opposite way.
So I don’t want to rush into new long trades. I’m waiting for a clear confirmation above $64000. Until I see that, I'll remain quite cautious.
The market is trying to play on psychology. The key right now is not to become the main liquidity.
Be careful and patient. Patience pays off!
What are your expectations from the market?
#btcusdt #ETHUSDT $BTC $ETH
Right now, we're hovering close to the key resistance at $64000. The market is trying to break through this level once more.
My plan and thoughts:
If we see a solid breakout and close above $64000, I'm jumping into long positions targeting $67000.
But there's one thing that's bothering me: too many people are expecting a continuation of the rise. When the majority are anticipating the same outcome, the market tends to go the opposite way.
So I don’t want to rush into new long trades. I’m waiting for a clear confirmation above $64000. Until I see that, I'll remain quite cautious.
The market is trying to play on psychology. The key right now is not to become the main liquidity.
Be careful and patient. Patience pays off!
What are your expectations from the market?
#btcusdt #ETHUSDT $BTC $ETH