KennyTheSensei

TL;DR:This isn't just any dump—this is a textbook exit liquidity trap dressed up with a strategic crypto reserve announcement and a conveniently timed crypto summit sell-the-news event. The setup? An inevitable double top, weaker and weaker volume, and a sell-news-event trapping retail.Breakdown:1️⃣ The Double Top Trap → Price fakes a breakout, luring in breakout traders while whales were already offloading bags onto retail.2️⃣ The "Strategic Crypto Reserve" Announcement → Big words, vague details, and just enough hopium to keep liquidity in the market. But let’s be real—this was just fuel for smart money to distribute.3️⃣ Low Volume Exit Scam → Volume failed to confirm the pump, and the second peak barely had any buying pressure. That’s your first clue—when volume dies, so does the trend.4️⃣ Crypto Summit = Sell-the-News Event → Market makers front-ran retail, using the summit hype to sell at a premium before nuking price.Target Zone:80K-79K is where liquidity pools sit, making it the next logical stop.If liquidity sweeps don’t trigger new buyers, sub 78K isn’t off the table.Additional Confluence:S1 Pivot Rejection → A failed reclaim of key levels.EMA Pressure → Bearish rejection off moving averages.Weak Low on the Chart → A magnet for liquidity.Final Take:Retail is the exit liquidity in this setup, as always. The market will pump just enough to distribute before dumping into the real target zone. If you aren’t paying attention, you will get played.The question is: who will be left holding cheaper bags?

TL;DR: This is a textbook Head & Shoulders pattern, but let’s be real—it also resembles something more… anatomical. Regardless of how you see it, the market structure is screaming impending breakdown as we gear up for a possible move toward $125-$130.1️⃣ The Left Shoulder → Initial rally followed by a pullback, setting the first high.2️⃣ The Head → A euphoric breakout attempt, swiftly rejected, forming the highest peak.3️⃣ The Right Shoulder → A weak push upward, failing to reclaim the highs, signaling distribution.💀 Neckline Break = Confirmation: Price is slicing through key levels, rejecting off moving averages, and forming lower highs.📉 Target Zone:Fibonacci extension and previous liquidity pools align around $125-$130, making this the next logical support zone.📊 Additional Confluence:Volume Profile: Decreasing volume on right shoulder = buyers losing steam.EMA Rejection: Price struggling below key moving averages.Liquidity Grab: Stop hunts above the head indicate smart money distribution.🚨 Final Take:If this setup plays out, the move down could be swift. While it may look like a "Dick-n-Balls" to the untrained eye, the market only cares about order flow, liquidity, and psychology—all of which suggest a bearish continuation.Stay sharp, trade smart. 🔥💎