{"type":"rich","version":"1.0","title":"kymafi wrote","author_name":"kymafi (npub13m…zv576)","author_url":"https://yabu.me/npub13mhm4fxurhw4pz076twmqttwc03ge5wxdgulaakvp9pxeceaczdqyzv576","provider_name":"njump","provider_url":"https://yabu.me","html":"This is a terrible strategy.  At 72k there was barely any resistance. Why would you judge an entry based off a reaction to a higher level? lol makes zero sense. \n\nplus When a majority of the market embraces a level like 58k, there is not enough downward pressure to actually reach that level. Limit orders flooded it 20 to one. It was the highest wall ever recorded on kraken/coinbase - hence massive bounce off of it around 59-60k. \n\nYou will be waiting forever. Bottom is in. "}