This is also where many retail traders get rekt'ed because whales like to play this range. Please trade only. Do not jump in in the middle.
After confirming your , you can put your stop loss there, so as not to get stop hunted.
Fork is coming. Price retracement is right before the fork. Is this a coincidence? No, this is market sentiment.
Before making final decisions, you can correlate this price action with other pairs, such as btcusd and ltcusd . This is very important.