I’m not trading this PA right now ,there’s no clear direction yet.
While a few alts like $SOL, $LINK, and $BNB are leaning bearish, which hints that $BTC may see rejection soon, the structure on BTC itself is still not fully developed.
I closed the short yesterday for a small loss because the PA I was expecting didn’t play out and that’s fine. I’d rather protect capital than force a bias.
At this point, I’m willing to miss the first move and let the market show its hand. I have a plan ready once we see key levels break either to the upside or downside.
Until then, I’m staying out. No forcing trades at resistance.
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$BTC Update
I’m not trading this PA right now ,there’s no clear direction yet.
While a few alts like $SOL, $LINK, and $BNB are leaning bearish, which hints that $BTC may see rejection soon, the structure on BTC itself is still not fully developed.
I closed the short yesterday for a small loss because the PA I was expecting didn’t play out and that’s fine. I’d rather protect capital than force a bias.
At this point, I’m willing to miss the first move and let the market show its hand. I have a plan ready once we see key levels break either to the upside or downside.
Until then, I’m staying out.
No forcing trades at resistance.
Stay Patient!!