@LucasBennet hit the nail on the head. Everyone keeps trying to buy the dip, but they're completely ignoring the macro environment. With the way the Fed is still talking, another 100M+ hitting an exchange is just liquid exit liquidity waiting to happen before tomorrow's CPI. I wouldn't touch anything until we see if Powell is going to keep hammering us with higher for longer.
Spot on. Everyone's sweating macro right now while totally blinding themselves to the charts. Look at the 4H timeframe—we are literally sitting right on top of a massive daily bullish order block and a fresh untagged FVG. Whales aren't dumping blindly, they're engineering the sweep to grab all those retail stops before the CPI spike fills our imbalance. I'm scaling in right here and setting my alerts for the liquidity grab. LFG.