As a crypto enthusiast, I always spend most of time researching and developing my strategy for crypto trading. It's great to be here and share my thoughts...
Price goes with your predicted direction after your LIQUIDATION or STOP-LOSS triggered ?
Now let's talk about two painful scenarios in crypto trading: Liquidation Hunting and Stop-Loss Killing.
Liquidation Hunting: Whales know retail traders place stop-losses just below key levels like the Double Bottom. By pushing the price down to $93,483, they triggered these stops, forcing sales and creating a pool of liquidity (sell orders) they could buy into at a lower price.
Stop-Loss Killing: The wick also targeted leveraged traders. On exchanges like Binance, a sharp move like this wipes out long positions, especially those with tight stops or high leverage. The chart shows a “Sell” signal at $94,827 right before the drop—classic bait to lure retail into expecting a breakdown.
Did the White House push back the 90-day-tarrif-pause claim?
Another SHORT wave is coming ?
Here’s a concise analysis of the White House’s stance on the 90-day tariff pause and its potential impact on the cryptocurrency market:
1. White House Denies 90-Day Tariff Pause Official Response: The White House dismissed reports of a tariff pause as "fake news", with Press Secretary Karoline Leavitt stating Trump remains firm on his trade policy . Market Reaction: Stocks briefly rallied on the rumor before resuming declines after the denial, indicating high sensitivity to trade policy shifts .
2. Cryptocurrency Market Implications If Tariffs Proceed (Current Scenario) * Bearish Pressure: - BTC: Likely to retest $76K support (critical level). A break below could trigger a drop to $73.5K amid risk-off sentiment . - Altcoins (SOL, AAVE, AVAX): High-beta assets like SOL (already down 18%) may face further declines if BTC dominance rises . * Macro Risks: - Liquidation Risks: Over $697M in crypto long positions were recently liquidated; prolonged tariffs could exacerbate this . - USD Strength: A stronger dollar (due to tariffs) typically pressures crypto prices .
If a Pause Had Occurred (Hypothetical Bullish Case) * Relief Rally: - BTC: Could rebound to $84K (resistance) on reduced macro uncertainty . - Altcoins: SOL might recover toward $120 if RSI(6) exits oversold territory .
Missing a trade is better than losing a trade. Always open a position with your identified entry point, don't let FOMO take over you, and exit with your identified TP point.
Closing a trade with 1$ dollar profit is better than closing one with 1$ loss. Always adjust your SL to a green one to ensure you can close a trade in GREEN.
$BTC is experiencing a slight pull back with a current support of around 63000$+ after a few days of pumping. Is it a correction for another pump or a real downtrend?
$AR just declined a double-top shape in 1-day-timeframe and is now trying to form a HEAD & SHOULDERS shape following the uptrend. Do you think we'll see it trade at 40$ range soon before pulling back? Share your thought in the comment below...
$OMNI is having a slight pullback to near its 4 hour-range support line. It would be a good entry point with slight STOP LOSS set following greater TAKE PROFIT opportunity. Don't be panic too early for a downtrend, by looking at the chart you can clearly see it's still in the track of the uptrend.
Remember, this is my personal analysis for educational purposes. Buy/Sell at your own risk. Better do your own research. I am not a financial advisor...
$AVAX has been stuck at minimum support at around 24$ while likely a strong resistance price at around 29$. Today, it just tried and even touch the resistance line, but failed and has a slide pullback. If it somehow could break through this resistance zone we might see it trade at around 30$.