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The market is NOT done bleeding. Despite the deceptive pumps, the structural weakness remains intact, and this is a classic trap for over-eager buyers. 🚨 The strategy is clear: wait for confirmation to CONTINUE SELLING in small size. Do not get caught chasing green candles that are built on quicksand. 📉
Right now, the critical support zones for BTC and ETH are being tested, but the bias is aggressively bearish. For BTC, the sell zone is around $74,139, with a tight stop at $74,514 and a profit target down at $72,550. For ETH, the play is even more ruthless: sell at $2,030, stop at $2,046, target $1,977. 🎯 These levels are not random; they are engineered liquidity grabs.
Every violent upward spike we see is lasting roughly one hour before getting LIQUIDATED. In my view, these are nothing but high-leverage wicks designed to lure in retail before the rug pull. On the 12-hour and daily timeframes, we are still in a clear downtrend. The daily candles are NOT showing any reversal signals. If you are buying, you need to be in and out like a ghost—there is NO bottom-fishing opportunity here. 🐻
If this breakdown in structure continues, we could see a much deeper correction. Stay disciplined, manage your risk, and do not let a dead cat bounce fool you into becoming exit liquidity. DYOR and trade safe. 📉
#Crypto #BTC #ETH #Bearish #Analysis #Trading #RiskManagement