Why is today not a good day to trade?

Due to recent market uncertainty and high volatility behavior, crypto analysts and traders can conclude that the market is currently heavily being controlled by the whales. 🐋

$BTC has recently dropped from a stable 82k this morning to a low of 79k then rebounded back to 82k and is now holding the position. Expected breakouts with $BTC have been denied and the market does not know what to expect.

Due to the low Fear and Greed index value 25 (Extreme Fear), we can figure that nobody is comfortable trading in this manipulative market.

What should we do?

Small-Scale traders must manage their risk-reward ratio and refrain from any trade right now due to Fear Off Missing Out (FOMO).

As always, Trade safe!
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