🚨 Bitcoin's Wild Ride Continues! 🚨
The market is indeed exciting! Bitcoin rebounded to 114,000 at midnight, only to encounter another waterfall 🌊. But here's the thing: as long as it doesn't break down near 111,500, we can keep trading 💸.
Our current strategy is working well 📈: going long near 111,500, taking profit at 113,000 and 114,000, and then opening a short position. We've already made 3-4 successful trades using this approach 📊.
However, with ETH and other coins dropping below their previous lows, this time is quite dangerous ⚠️. So, we'll try with a small position and adjust our strategy if needed.
*Key Levels to Watch:*
- 111,100: If this level breaks down and can't recover, the next support level will be above 107,000-108,000.
- 107,000-108,000: If Bitcoin drops to this level, we'll take profits on the rebound, which could be significant 🚀.
Our operational logic is clear: we escape at the peak of interest rate cuts while shorting and take profit when good news is fully priced in 📊. The current major correction is expected, and we're opening positions vigorously every day! 💪
Stay vigilant, traders! 🚨
