🚨‼️ Be careful when opening positions now, SL TP tight
until the announcement is over
The decline could be a trap / vice versa $BTC $ETH
This strategy can trigger panic among retail traders, prompting them to open short positions or sell their assets. After the price drops and liquidity increases, whales can buy back assets at a lower price, then push the price up after the FOMC announcement, taking advantage of their long positions.
#bitcoin
until the announcement is over
The decline could be a trap / vice versa $BTC $ETH
This strategy can trigger panic among retail traders, prompting them to open short positions or sell their assets. After the price drops and liquidity increases, whales can buy back assets at a lower price, then push the price up after the FOMC announcement, taking advantage of their long positions.
#bitcoin
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