Friends, the bitcoin market is heating up again! On Thursday, BTC hit an all-time high of $103,900, but then sharply fell to $91,100 and closed the day around $97,000. 📉📈 Such behavior can confuse even experienced traders – especially those who succumb to the fear of missing out (FOMO). 🚀
Attention! A 'high wave candle' 🕯️ has appeared on the chart – a sign of confusion in the market. This happens when neither bulls nor bears can take control, and the price fluctuates in extreme ranges. It is especially concerning to see such a pattern at record levels! ⚠️
And that's not all! 📊 The RSI index shows bearish divergence, signaling a possible correction. Additionally, the premium on call options compared to puts has decreased – the market is becoming less confident in continued growth. 🐻
How to avoid being a victim of FOMO?
1️⃣ Don't enter at peaks – let the market show the direction!
2️⃣ Use limit orders to enter at favorable prices. 💡
3️⃣ Set stop-losses – volatility can be ruthless.
4️⃣ Keep an eye on key levels: a breakout above $103,900 will confirm growth, while a drop below $91,100 will increase selling pressure.
The market is currently full of opportunities and risks. ⚡ The main thing is not to act impulsively. Trading is a strategy, not emotions. 💪
🔥 How do you plan to act? Holding long positions or waiting for a pullback? Write in the comments – let's discuss!
Profits to everyone! 💰✨$BTC
