As we all know: even if an asset is on the rise, there are corrections along the way.
Every day, we are closer to a significant correction.
1️⃣ We cannot deny that there are technical indicators of bearishness in higher timeframes.
2️⃣ We had the 100k breakout this week, along with an institutional trail of bilateral liquidation.
In these events, I see the market as if it were the abyssal region of the oceans, where not every bright spot will be a good meal, but rather a trap.
⚠️ Breaking through 100k was a beautiful bright spot that attracted a few thousand eager, unsuspecting and short-sighted fish who have never descended to this depth and are not accustomed to the environment.
This warning message is more for those who operate derivatives/futures and work with short "stops". Be careful with excessive leverage! Control your greed.
✅️ Now, if you are a holder, a person who holds the asset focusing on a longer term, this is just "turbulence".
Keep Calm and Follow the Plan