Bulls Promised, Bears Delivered
Longs and shorts both got slaughtered—again. Anyone who chased the bounce last night is probably licking their wounds this morning.
So much for the “bulls returning quickly”… looks more like the bulls turned and ran.
BTC is hitting strong resistance around 104,500–105,000. This area still favors short setups with better risk/reward. As for altcoins—daily charts are turning bearish across the board. MACD death crosses are showing up everywhere. If you're still holding, any bounce is a gift—use it to exit.
Want to go long? Sure, but don’t even think about it without a stop-loss. The previous hourly low is your lifeline—respect it or get wrecked.
Don’t get fooled by the early green candles today. The bigger daily trend is still down. Watch out for sudden drops in the afternoon.
Play it smart. Protect your capital. No hero trades.
