🚩 $BTC Update – CME Gap Left After Weekend Dump 🚩
After the weekend sell-off, BTC has left a CME gap between $67,000 and $68,000. Let’s break down what this means for the market.
First, a CME gap does NOT guarantee an immediate pump, but historically price often revisits these levels before the next major move. This means there is still a possibility that BTC pushes back up toward the $67K–$68K zone to fill the gap before continuing lower. $ETH
📉 Current Market Context
Overall, the market remains bearish today. Yesterday we warned that Monday could bring a sell-off, and that’s exactly what happened. As soon as traditional markets opened, BTC dropped sharply below $66,000. $XRP
💰 Our Position
We are already sitting in strong profits and continue to hold our short positions, with stop losses moved into profit to protect gains.
🔎 Possible Scenario
There is still a chance BTC fills the CME gap near $68K before the next leg down. However, the overall bias remains bearish, and the larger structure has not changed.
⚠️ Trading Approach
• Avoid opening unnecessary long positions here
• Continue managing existing shorts carefully
• Always protect profits with proper risk management
Patience and discipline are key in volatile markets.
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