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🚨 Emergency Broadcast: The "Vacuum Zone" Below Bitcoin Is Coming
The most dangerous thing in the market right now isn't "a drop," but I just discovered that "there's nothing below"!
Don't be fooled by $BTC holding at $76.5k for now, it seems fine. I looked at the depth chart, and the buy orders below $75k are as thin as paper. This means that once selling begins, the price won't fall gradually; it will plummet instantly like an elevator losing power.
The US stock market is opening soon, and MSTR is already bleeding in pre-market. US bond yields are also soaring, and this scenario doesn't look good.
Here's my plan:
Faced with this potential free fall, I definitely won't bet on a rebound to catch the falling knife.
1. Hold the low position and set a stop-loss: At this point, the slippage will be huge, so placing a buy order at a low level is the right move.
👉 I have my BTC buy orders set around $72,200 - $71,500, waiting for it to dip, to prevent a deep washout.
2. Stay out of chasing highs: I placed a short at a high level, betting on a fake rebound at open to lure longs. If I catch it, it's luck; I won't chase shorts at market price.
👉 My short entry zone is around $77,800 - $78,200, just hoping for luck.
3. Set alerts and stay away from the screen: I've set a key alert at BTC $73.5k. Until it rings, other fluctuations are noise. Don't stare at the screen; it will break your mindset.
The signals are very clear now, everyone can decide for themselves.🫡📉
#BTC $BTC