Are you thinking of shorting Bitcoin just because you see a red candle? Think again! 🤯 With Bitcoin recently bypassing major resistance at the $64,800 - $65,350 level, it's entered a bullish phase 📈. This means you should avoid opening short positions at all costs 🚫. In fact, if your liquidation is below $70.5k, consider reducing your position or adding funds to manage your risk 💸.

Whales and market makers might push wicks up to $71k to grab liquidity, so stay vigilant! 🚀 Remember, making impulsive trades based on temporary market movements can lead to unnecessary losses . Stay informed with our real-time analysis and insights to avoid falling into the red candle trap 🔍.

Why is Bitcoin Dropping? 🤔

Bitcoin has just experienced some retracement after breaking through major resistance, but this is not a reason to panic . In fact, it's a natural market movement 📊. Whales and market makers are simply adjusting their positions to grab liquidity, and this can lead to temporary price drops .

What to Do Next? 🤔

Avoid making impulsive trades based on temporary market movements 🚫. Instead, focus on risk management and caution ⚠️. If you're considering shorting Bitcoin, think again and reassess your strategy 🤔. Remember, Bitcoin has entered a bullish phase, and this is not the time to short 📈.

Stay Informed and Trade Smart

Stay ahead of the game with our real-time analysis and insights . Follow our updates for detailed trade signals and market analysis to navigate this market safely 🚀. Remember, risk management is key to avoiding unnecessary losses 💸.

Warning and Precautions ⚠️

📌Stay Informed: Follow our updates for real-time analysis and insights 🔍.

📌Risk Management: Always use stop losses to protect your investments 📊.

📌Be Cautious: Avoid impulsive trades based on temporary market movements 🚫.

By following these guidelines and staying informed, you can avoid falling into the red candle trap and navigate the market with confidence . Stay alert, trade smart, and let's navigate this market together! 🚀

#BinanceHODLerBANANA #ETH_ETF_Approval_23July #BTc #SOFR_Spike