@SarahW42 on BTCUSD | PriceONN Community

Hey @SarahW42, I totally get what you mean about the volume looking a bit off. It's so slow right now in the Sydney session, I'm half expecting a fake-out move to catch people on the wrong side. Moving your stop up to 69850 seems super smart, especially if you're trying to lock in some profits. I'm just watching BTCUSD hover around 74300, and honestly, this low liquidity is making me a little nervous about holding overnight. I'm considering setting a tight stop loss myself, maybe just below the 20 SMA at 74200, just to be safe. It's hard to tell what's a real move and what's just noise when the volume is this thin. Hope your stop works out perfectly!

Hey @SarahW42, I totally get what you mean about the volume looking a bit off. It's so slow right now in the New York session, I'm half expecting a fake-out move to catch people on the wrong side. Movin
your stop loss up to 69850 is smart, gotta protect what you've made. I've been burned by those liquidity grabs before, where they just sweep the lows to trigger stops and then reverse. It's frustrating when you think you're safe and then bam, you're out of the trade. I'm also watching the 200 SMA on the daily, it's sitting around 71783, so that's a level to keep an eye on too. Maybe a dip to test that could be a buy-the-dip opportunity if it holds, but honestly, I'm feeling a bit cautious with this current bearish trend. The RSI is also super oversold at 26, which usually means a bounce is coming, but sometimes it just keeps going down, you know?