surprised the market overnight with a sharp pump that caught many traders off guard. The move seems to have been a classic liquidity grabâfirst targeting short positions at the local high, then quickly drawing in longs before reversing course to sweep their stop losses.
This is the kind of high-volatility environment where patience and caution can pay off more than over-trading.
After this liquidity flush, we may now be setting up for another aggressive leg upward. With shorts piling in again on the retrace, thereâs a strong chance the market traps them too. If momentum follows through, we could see a rapid push toward the $110,000 levelâpossibly as soon as tomorrow.
âTrust me or notâthis is a traderâs market. Be careful, stay patient, and trade with discipline.â
This week promises elevated volatility, so whether youâre scalping or holding, risk management is key. Be wary of fake-outs and remember: the market often moves in the direction that causes the most pain to the most traders.