$BTC ¡The Ping Pong of $90k! Is the lateral game coming to an end? 🏓
A follower mentioned something very true: @Buho Trading regardless of whether it's Asia or New York, Bitcoin has been stuck in a dangerous "ping pong." Every time we approach the $90,000 - $93,000 zone, a wall of sales appears that knocks us down, and the same happens with the supports at $84,000 - $85,000.
Why are we in this loop?.
- Liquidity exhaustion: The market is testing the strength of both sides. Buyers do not have enough strength to break $93k, and sellers cannot sink it below $84k. As my follower wisely says, this range will not last forever. The price is compressing and, when Bitcoin remains STILL for a long time in a narrow range, the breakout to one of the two sides tends to be violent.
💡In trading, sideways ranges or ping pong are comfort zones that deceive retail investors. You get used to the price going up and down, and you start trading with excessive confidence. That’s where the market traps you. Whales use these consolidation phases to accumulate while you get desperate. The lesson is clear: Do not trade the middle of the range. Wait for the market to define the direction. Sometimes, the best trade is to stay out and observe who wins the battle. 🧘♂️
What do you think?
Where do you think this ping pong will break before the year ends?
If you want to stop being the ball in the whales' ping pong and start playing with strategy, follow me and stay one step ahead! 🤗❤️
