#Btc Locally, we received a reaction from FVG (imbalance). We see a 'cut' and a buildup of positions after the downward impulse.
📍 Top: The seller is defending the range $92k – $94k. 📍 Bottom: The main interest of the buyer is in the zone $88.4k – $89k. Below — untraded levels $87.2k – $86.6k.
💡 We work from the reaction. Holding the current support is a long priority.
#BTC Old man decided that the imbalance is too provocative and went for a correction. Now we are in a mode of 'controlled decline' towards the support zone.
Wailing Wall (Resistance): $94,000 – $94,500. If we pass — we will feel like crypto barons again.
Springboard (Support): $89,100 – $88,600. Here it will be decided whether we will go for a new high or a retest.
#BTC The price successfully tested the daily imbalance after the correction. Currently, we are observing a reaction from the support level. Resistance levels: $97,000 – $98,000$ Support zone: $92,000 – $93,000$ Context: A reversal is likely through the removal of liquidity. While we are trading below resistance, the risk of volatility and retesting lows remains.
🏝️8 TRAPS OF MANIPULATORS: HOW NOT TO BECOME “FEED” 🏝️
🐋 Trap No. 2
The Illusion of the “Fat” Order Book 📈
Many traders argue about the effectiveness of trading based on the order book. And here is one of the main reasons why blind faith in numbers can lead to a loss of the deposit. 📍 What is the essence of the trap?
You see a huge number of buy orders in the order book and almost no sell orders. It seems like the market is about to soar! 🚀
🌴 8 TRAPS OF MANIPULATORS: HOW NOT TO BECOME 'FEED' 🌴
Many traders fall into the same nets. Today we will discuss the first and most insidious trap, which is often combined with others.
🤖 Trap No. 1 News Injection (FOMO Rally)
Let's recall the classic picture at the peaks of Bitcoin from previous years. When the price approaches key levels (for example, $65,000), the market behaves differently:
💣What a start to the year... Trump has completely lost touch with reality. The kidnapping of Maduro following the oil tankers is already beyond the pale. 🤦♂️
🤪The most annoying thing is that this red-haired moron always chooses weekends for his antics when we can't react promptly in the fund and catch a good movement in Crypto 🤗
The market is frozen in the accumulation phase. Prices are squeezed in narrow ranges, and volatility is minimal — a typical picture before the holidays.
#btc 🤑 Bitcoin The asset is trading in a flat. Key levels remain the same:
🤑Bitcoin has been holding the current range for 10 days. At the moment, the price has approached the key resistance level, the breakout of which will determine the movement vector for the coming days.
💡Range: $86,500 – $91,400
Scenario: A consolidation above $91,400 will open the way for further growth. #ETH
🤑Ethereum has reached the main target zone, where the liquidity of short positions is concentrated. An impulsive breakout is possible, however, a dense block of resistances awaits above the price.