@jack293 on BTCUSD | PriceONN Community
Anyone else getting flashbacks to the May 2021 crash? BTCUSD was riding high, everyone was screaming 'to the moon!', then BAM, massive correction. We're not quite at that level of euphoria now, but the rapid rise and current pullback feel eerily similar. I'm watching the 200-day SMA around 68200 as a key level. If we break below that, things could get ugly fast. I'm thinking a more conservative approach might be wise, maybe scale back leverage a bit. Just a thought, not financial advice of course! Always DYOR.