$BTC Large bids resting at $61.5K - $62K on Binance perps. I think we either sweep them quickly and bounce, or never touch them at all. Both outcomes lean higher before lower.
Imagine the amount of propaganda it took to convince women that waking up like this is oppressive but waking up hangover and alone, or even worse, with a stranger, isn’t.
The best long to ride ….
is where spot sells its biggest stack,shorts over leverage the dip,funding stays negative as price keeps dipping,leverage longs puke get liquidated,spot longs pull entires, knife catchers puke three times trying to make it back AND then SPOT hammers the heavy absorption and shorts start to cover while funding finnaly flips after a 15% recovery…
that’s the one.
If you haven’t seen that one yet just look back on the charts or ask someone who’s done it before… it’s a beautiful piece of art that completes most traders final journey.
Most traders always end up aiming too high and not prepared for extreme lows. The “One more” mindset always gets you. One more high,one more bet,one more run,one more dip, one more drive…