After days of low volatility, price finally gained strength and reached the $109K region — a level filled with significant liquidations.
But stay sharp: don't get caught up in the hype. The price may keep climbing, but it's also a trap for overleveraged traders.
🔍 It's common for the price to pull back after such liquidations — especially with Open Interest rising sharply, signaling too many leveraged longs chasing this breakout.
💥 A correction could hit after $112K, for example, to "shake out" the leverage before a healthier rally resumes.
📉 Nothing is guaranteed. Avoid trading on emotion.
🧠 Think against the herd — or simply do nothing. That alone puts you ahead of most.
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