#binance #btc

Are you guys okay?🤪

The market has strongly adjusted, BTC has returned to the 58k area at the time I wrote this article. Total 24-hour transactions are currently $188M, up 55% compared to 24 hours ago. and the total liquidation amount in the past 24 hours is $431M, an increase of 219%, warning you to pause FUTURE during this sensitive time of market adjustment. The golden time right now is to hold USDT and wait for the market to adjust.

For me, DCA btc is at the 58k4 area at this time. In my opinion, what MMs need is liquidity and when BTC reaches this zone, people are really scared and are waiting for a correction to a deeper zone of 51-53k. However, in my opinion, that area has run out of liquidity and if the price returns to that area, it will create fear. -> This is just my personal opinion that I want to share with the community.

Current advice for you is: Allocate capital appropriately, use the smallest leverage possible and keep a comfortable mentality when trading this May.

Wishing you good luck and effective trading.🤑