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Short-term BTC pullback scenarios analyzed; waiting for better entry with SFP for perp position.

From Meta's Redemption Arc: Wall Street Is Buying the Muse Hype · jumps to 11:16 · speech

▶ Open at 11:16 on YouTube
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We took out yesterday's low. This candle closes in one hour, basically. So let's see how that closes, zooming in a little bit more. If we're weak here, right? If we're weak here, I could totally see us coming down to like this, right? Something like this would not surprise me at all. That's also acceptable. So long as we get that weekly close back above here, I'm not really worried about what the short-term price action here looks like. In fact, I would prefer there to be a consolidation and then some sort of trap, a sweep of a low, a SFP, which will allow us to put on a perp position. I'm not willing to add, you know, to a perp's long right here. I'm not confident in this trade, right? At all. However, if we were to do something like this, this is a trade because we've now run an obvious level. We've put in some sort of SFP. This is a trade where I would absolutely be interested in taking much better reward to risk.
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