🚨 BTC Update: Beware of the Retest 🚨

Hey guys, remember when I told you to be cautious when BTC hit $61.4K? I warned you NOT to go long because the market was retesting and showing signs of a downtrend 📉. Well, it played out exactly as expected—this was a classic bear trap designed to shake out traders.

Here’s the key takeaway:

1. Market Retesting: 🔄 When BTC retests a key resistance level like $61.4K, don’t rush to go long. Wait for confirmation of a breakout or pullback before making a move.

2. Future Trading Tip: 📊 As I always say, use only 3% of your wallet size in futures to manage risk. It keeps you safe from heavy losses during volatile market movements.

3. Spot Buying on Dips: 💰 For those buying in spot, always apply the DCA method during dips. It’s the best way to build your position over time without risking too much in one go.

Remember, this is a bear trap—the market wants to shake you out. Stay calm, manage your risk, and always follow a solid strategy to stay in the profit zone! 🚀

Follow these tips, and you'll always be one step ahead! 💡

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