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The market doesn't fall when "bad news" comes out.
It falls when liquidity is already dead,
and everyone is in leverage and believes that "it will pass."
October 10th clearly demonstrated this:
it doesn't matter whether Binance was at fault or not — any failure in such an environment turns into a dump.
And the most unpleasant thing is — the market now looks exactly the same:
thin, nervous, without a liquidity cushion.
Your interest here is simple:
this is not a story about the past.
This is a pattern of how the next movements will look.#MyWeekendTradingPlan