Chanell Luxury
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✏️ Market update at the beginning of the week
At the start of this week, the market has some price gaps to pay attention to. However, observing the liquidity map shows:
BTC and ETH still have a thick liquidity cluster in the upper price range, especially in the area concentrated with short orders.
There is a high probability that the market will sweep up to collect liquidity, triggering stop-loss orders for shorts before reversing back to fill the gap.
🎯 Strategy:
Limit FOMO buying at high levels, prioritize observing price reactions when approaching the above liquidity clusters.
Plan to take profits or re-enter positions when the price approaches the gap.
At the start of this week, the market has some price gaps to pay attention to. However, observing the liquidity map shows:
BTC and ETH still have a thick liquidity cluster in the upper price range, especially in the area concentrated with short orders.
There is a high probability that the market will sweep up to collect liquidity, triggering stop-loss orders for shorts before reversing back to fill the gap.
🎯 Strategy:
Limit FOMO buying at high levels, prioritize observing price reactions when approaching the above liquidity clusters.
Plan to take profits or re-enter positions when the price approaches the gap.
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