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▫️ As expected, the week turned out to be volatile, carried out in both directions!
▫️As we see that the asset tested the $18.200 zone again, there was a dump due to high CPI data, I spoke about this above. People in a panic began to throw off their positions due to bad expectations, and the market maker played on this...
▫️What we see now, the majority started talking about the second day again, when bitcoin was flying towards $18,000, well, as we know that the market is not so simple, and we see the result, MM just took out bitcoin by $20,000, having collected all the stops that were above $19.500. I describe the situation in the past tense so that you know in the future how it happens.
▫️ What's the plan now? I think if they hold the $19.500 zone until the weekend, then most likely we will go back to test $20.200-20.500, and then we can think about SHORT again. While I am without a position.
▫️ As expected, the week turned out to be volatile, carried out in both directions!
▫️As we see that the asset tested the $18.200 zone again, there was a dump due to high CPI data, I spoke about this above. People in a panic began to throw off their positions due to bad expectations, and the market maker played on this...
▫️What we see now, the majority started talking about the second day again, when bitcoin was flying towards $18,000, well, as we know that the market is not so simple, and we see the result, MM just took out bitcoin by $20,000, having collected all the stops that were above $19.500. I describe the situation in the past tense so that you know in the future how it happens.
▫️ What's the plan now? I think if they hold the $19.500 zone until the weekend, then most likely we will go back to test $20.200-20.500, and then we can think about SHORT again. While I am without a position.
