$BTC $SOL $PEPE Urgent Update!!!
After Fridays 300 million dollar liquidations both short and long retailers were recked, short liquidity was swept at 72000 and a huge wick down to liquidate the late longs , Although the higher time frames still indicate a bullish trend noone can give certainty the price will go up, usually what happens in these cases is everyone start taking long positions expecting a market rebound but what actually happens is another manipulation where prices drop further short term taking out new longs and then continues to pump. I think by sunday evening or monday we will dump to 67k region then bounce off of that support area and pump and probably break through 72k resistance area.
My advice if your in profit adjust your stop losses tighter just to be on the safe side and whatever you do do not use high leverag trades.
its unfortunate how the market is, manipulation should not happen but that is the reality , you can only protect your self by controling your leverage and managing your risk.
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Happy Hunting!!