Don't Get Trapped ๐ Market May Dip Again! ๐
Current $BTC price action is showing signs of exhaustion. Many traders are rushing to long, but the market seems to be lagging โ and this could be a bull trap.
A major position worth $1 Billion+ has been longed. Historically, when such large positions are exposed, the market tends to move against them to cause liquidation. Itโs a classic liquidity hunt setup.
On top of that, $238 Million worth of new USDT has just been minted, indicating that big players may be preparing for manipulation โ not necessarily a bullish breakout.
Hereโs a likely scenario:
Price may spike above $109.5K to trap late buyers and grab liquidity.
After that, a sharp correction towards the $104K zone is very likely.
Only after proper confirmation and a reaction from $104K, we can look for safe long entries.
Let the market come to you โ donโt chase it!
