💎 Market update:



I'd like to see liquidity swept at 62,000 before heading lower. Locally, as long as we stay above 59,000, I'll be waiting for 62,000. A breakdown below scenario canceled and drop to 57,000–55,000

For now, holding the main short and a manipulative long hedge for a few percent move
$BTC
BTC1.87%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 3
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-9076f8b9
· 4h ago
62k liquidity sweep is indeed crucial—if the 59k structure holds, there’s still a chance. Wait for a fake breakout, then pull the trigger and sell hard.
View OriginalReply0
AirdropSideQuest
· 4h ago
Break below 59k and directly look at the 55k-57k range? It needs volume, otherwise it's another fakeout.
View OriginalReply0
BridgeSideEyes
· 5h ago
This round of hedging was handled with real discipline: the main short paired with a smaller long hedge—classic institutional positioning, and I followed along.
View OriginalReply0
  • Pinned