๐จ BTC Market Watch โ Caution Advised! ๐จ
Bitcoin is currently struggling to hold stability between $117K and $118K, creating a false sense of calm. This tight range is often a prelude to manipulation, where retail investors get trapped in emotional trades.
โ ๏ธ Our outlook: A fake pump is highly probable โ likely a move above $118K to trigger breakout traders and stop hunts. But donโt get lured in.
๐ What comes next?
After the fake breakout, BTC could sharply reverse, dropping to $110K โ a key psychological and technical level. If panic selling accelerates or a black swan hits, we could even see a flash crash toward the $100K region โ not fundamentally, but as a liquidity sweep or cascading liquidation event.
๐ก Analysis Insight:
RSI and funding rates suggest exhaustion.
Low volume on upward moves = weak buyer confidence.
Whales may be offloading in small bursts to avoid attention.
๐ง Advice:
Stay calm, donโt chase pumps, and watch for divergence between price action and on-chain signals. In high-volatility zones, the best weapon is patience and preparation.
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