#TradeLessons
One major #TradeLessons I’ve learned: never trade $BTC breakouts based solely on price action. In the past, I bought BTC every time it broke above key levels — $20K, $50K, $69K — without checking macro and on-chain data. That got me trapped more than once.
This cycle, I’ve changed my process. Before trading BTC’s recent breakout above $100K, I confirmed confluence:
Macro backdrop: U.S.–China trade tensions eased, and DXY fell below 102 — a bullish macro signal.
ETF inflows: Over $12 billion in net inflows to U.S. Bitcoin ETFs since launch.
Exchange reserves: Dropped to a 4-year low, per CryptoQuant — showing strong long-term holding behavior.
Funding rates: Neutral to slightly positive, indicating the move wasn’t overly driven by leveraged longs.
I entered $BTC at $94.8K with high conviction. The result? Profitable, stress-free trading. The lesson: price action is only half the story — align it with deeper fundamentals. #TradeLessons #TradeStrategy