Market currently went towards 57.5k zone to liquidate longs but this is just for trapping everyone to open shorts and most of people are trapped as there are huge amound of shorts opened and funding rate is also negative in most of the coins after a long period of time
Which shows that mostly people are negative in the market right now and thinks market will go down and building shorts but this is the point im thinking market will flush some longs to create greed among people who are shorting then skyrocket above 70k and flush all shorts in no time so simple is that dont run towards shorts only do shorts if you are doing scalping and spot holders should hold patiently and also make some entries partially now innshaAllah we wont get trapped❤️
Next update will come upon confirmation
