WARNING: Are We Witnessing A BIG Bitcoin Trap Unfold?

On Bitcoin

Changed since their last video: days moved up to waiting.

Views

• Next days (next 1–7 days): Waiting on a level (timeframe is our reading): we are tightening on the Ballinger bands over here on the the daily time frame and we need to wait for the real confirmation of that break. ▶ 15:04

If this, then that

• If price takes out last week's low (the weekly low), then 72–75k (next days): the the last week's uh low for the weekly low, that will pretty much confirm that you're going to drop at minimum to 75 and you might even get a wick that's that slaps through into 72 ▶ 16:00

Levels named

• 87.4k: Resistance (range high just above the upper Bollinger band): So 87,400 and 79, call it $700ish that is going to be the confirmation if you take out that candle low or if you take out this candle high. ▶ 14:05
• 85.3k: Target (liquidity stacked just above previous highs, about $25 million): The liquidity is, however, stack over here at $85,300, which is just above where those previous highs are. ▶ 18:44
• 72k: Support (next support on throwback into key levels): 755 is going to be your first level of support. 72,000 is going to be the next level of support. ▶ 15:28
• 68k: Their view is wrong past this (deepest drop he wants to see; below it the structure is cooked): And then the last the deepest you would want to see this thing go is about 68K. Anything after that and it's pretty much cooked. ▶ 15:35

Their own position: Sold, with leverage. This was a 10x leverage long trade. Um so ultimately I don't want to be holding that position into a massive loss

On Ethereum

Changed since their last video: days flipped up to down.

Views

• Next days (next 1–7 days): Leans down (timeframe is our reading): there's a possibility that you run it down one more time. Maybe we get a deeper move into the low 2,000 and then there's an opportunity over there. ▶ 22:21

Their own position: Sold. I've closed out my uh my ETH trade over there from yesterday, which we covered on the YouTube video.

Dates named

• US midterm elections on 3 Nov 2026: people seem to think that it's after the election, the midterms which is coming up I think on the 3rd of November which is very very very soon