🤔 What are traders doing now?

#Bitcoin  is flat, in the $40800-43400 range, this kind of movement is exhausting 🥴 traders. What are wallets doing in the meantime? 🤔

🔎 We analysed many profitable 👛 wallets and made the following conclusions:
1. Most are selling 📉 or waiting
2. Sales increased after the adoption of #ETF
3. The rebound 📈 occurred with declining volumes 👎 and they continue to decline

According to 🗃️ Coinglass Longs continue to dominate the market and funding rates are near neutral.

In this situation, three possible scenarios of $BTC movement are seen:
#flat  😐
#dump  ⤵️
#saw  🥵

🔗After the market, especially Alta, showed growth, we switched to a slight sideways trend, which is both wonderful and scary.

Great➡️because for us this is another opportunity to purchase at reasonable prices.

Scary 🙇🏻‍♂️ this is for those guys who have now entered the market without experience and want to make money relatively quickly... most likely they will end up at a loss without waiting for the rocket to take off.

📊Flat, aka Bokovik, is super necessary on the market. He is very good 💁🏻‍♂️ at marinating investors with his boredom. Knocks out “weak hands” from the market that are not ready to wait and gives an opportunity to far-sighted investors.

❗️If you want to win in this game, 🫴🏽 you need to act strictly on strategy and while there is an opportunity to buy the market in several orders, which is what we do.

🍑What does the $BTC chart tell us:

At the moment, there are no signs of buyer strength, one of the signs of a sideways trend.

While there is price weakness, I expect a decline in the Weekly block, where 1D IMB 64614 - 62971 is located, from where I would consider a new spot position.

Remember, for an investor, temperament is much more important than intelligence. 🐳🐳🐳$BTC #flat #binance #Bitcoin