everyone thinks buying the $BTC breakout at key resistance is the safest way to ride the trend, but actually, it is the easiest way to get your leverage wiped out.
most retail traders end up fomo buying right at the local top, only to watch their stop losses get hunted before the real move even starts. it is frustrating to watch the market move in your predicted direction right after you get liquidated.
let's look at what happened last week when $BTC pushed past the $67,500 level. order books were stacked with long leverage expecting a clean run to seventy grand, but market makers had other plans. they triggered a sharp liquidity sweep down to $64,200, wiping out millions in open interest in under twenty minutes.
this pattern repeats constantly because traders confuse local momentum with actual structural shifts. even major alts like $ETH got dragged down by 5% in sympathy during the flush, proving that chasing green candles without looking at order book depth is a recipe for disaster. if you are not watching where the liquidity lies, you are the liquidity, ngl.
where do you think the next major liquidity pool is sitting?