📉 Market Update – BTC Dump Recap

Hope everyone’s surviving last night’s brutal dump

It came fast & hard. Expected support around 117K, entered a long but got stopped out. Thankfully, stop loss set, turned a potential liquidation into -35%.

ALWAYS SET STOP LOSS!

✅ Positives

BTC remains within the uptrend channel since Oct ‘23

RSI & Stochastics cooling off, a healthy reset.

💭 Vault Thoughts

Dip might not be over yet, watching for RSI & Stoch to hit oversold (~20)

Supports:

1️⃣ $100,963 –Daily + 0.5 Fib

2️⃣ $92,570 –Channel bottom + 0.618 Fib

If these break, I'm applying to McDonald

🎯 Game Plan

I’m 95% spot, not shorting as price at midchannel and next days likely choppy.

Expecting sharp, quick bounces from key support.

💬 Final Thoughts

Altseason coming but delayed.

100% China tariff feels like political theatre + liquidity flush for better entries

Stay safe, fam!

A wise trader told me “Trading’s a marathon, not a race.”

Keep patience, protect capital, and hold dry powder for better entries ahead.