$BTC yesterday after going back to 101k5, quite a few people caught falling knives with the trap level >40x-50x and got liquidated when BTC dropped to 98k
( I explain this part for you to notice the 4h candle at 11h/15h has a few long trap candles, then the 1h candle gradually goes down with hesitation, sw at the first 1h is not clear, but makes you think it will rebound and rise after the drop, then many people eagerly jumped in during this part, it dumped a straight 4h candle to 98k which is liquidation😑😑)
- the candle yesterday pulled back from 98k to close at 100k9 ~101k => quite bad since it couldn't pull up to 102k5
- the candle today hopes for a rebound to 102k5 and a sweep up to 103k-103k5 to be good because currently, there have been 4 continuous red candles, which is very bad.
👉 currently, the force is still weak and the Long ratio is starting to increase. If anyone is trading, please use small volume to probe, it's not looking good yet 🍀🍀🍀