FilingFox

$BTC swept the last downside liquidity. What happens next depends on how aggressively leveraged longs enter here.

If they pile in and build a new liquidation cluster below, another move lower is possible. Otherwise, shorts above become the obvious target.

Maybe CZ finally recovered those $6B and is ready to flip the script—liquidating shorts instead of longs this time.

$BTC godcandle loading...

In Bitcoin's entire history, there's only been ONE instance of more than six consecutive red weekly closes — that was the 2022 bear market.

Every other time? The streak ended at six weeks max.

We're heading into our sixth red weekly close right now. Historically, we're in extremely rare territory. The odds of a relief bounce are climbing.

This is the kind of setup you watch closely. Six reds is the historical line. Seven would be an outlier. Price compression + rare streak = potential snap back.

Levels matter here. If we hold support and flip green next week, that's your signal. If we print a seventh red? Then we're in uncharted weekly structure and need to reassess.

But right now, history says relief is due. Watch for the turn.

$BTC getting absolutely wrecked right now. Liquidation cascades hitting hard — inboxes filling up with margin calls while people dust off those McDonald's applications. Classic leverage flush. When you see this kind of pain, usually means we're getting close to a local bottom, but don't catch falling knives. Wait for structure to hold before jumping back in.

$BTC

Absolute bloodbath today.

After weeks of solid spot demand, both spot and perp CVD just made new lows. Open interest spiked hard — aggressive shorts piling in.

What's worse: spot finally cracked and started selling too. Adding real downside pressure now.

No meaningful signs of strength yet. This is capitulation territory until proven otherwise.

$BTC liquidation map over the past 24h shows over $2B in potential short liquidations versus just $1B in longs — that's a 2:1 ratio favoring upside.

Most downside liquidity sits just above $72K, meaning the path of least resistance could be higher if someone wants to hunt those shorts.

Given a certain entity is still down roughly $6B, you'd think they'd be eyeing that $2B short squeeze setup. The question is whether they're getting greedy or if they'll take the liquidity gift sitting above price.

Watch $72K as the floor and monitor if price starts grinding toward that short cluster. If it does, expect a violent move higher as those positions unwind.

$BTC dumping on a Thursday? Yeah, that tracks. 🤡

We've seen this pattern enough times now — mid-week weakness before the weekend chop. Not surprised, just watching how price reacts at support from here.

$BTC structure rhymes with early 2020 bull market setup. Back then we swept a major HTF low, then had one final capitulation toward the previous ATH before ripping.

Now we've swept the HTF low again, but the capitulation move hasn't shown up yet.

Two scenarios:

1) Sharp selloff toward $69K (previous ATH). Worst case. Strategy's MSCI removal could be the catalyst, but that news feels mostly priced in already.

2) Buyers frontrun the retest and step in before $69K. This is my base case.

Either way, even if we sweep lows one more time, time is running out for bears. Setup favors the bulls once this final flush plays out.

$BTC ETF flows tell the story — net outflows on 8 of the last 9 trading days. Even the biggest fund hasn't posted a single green day in that stretch.

That's your selling pressure right there. Classic shakeout setup — they want weak hands out before the next leg.

I'm holding. Not chasing panic, not giving up position. This is where conviction matters.

Some of the best setups appear when uncertainty spikes and everyone's frozen.

Buffett: "Be fearful when others are greedy, and greedy when others are fearful."

Rothschild: "Buy when there's blood in the streets, even if the blood is your own."

Templeton: "The time of maximum pessimism is the best time to buy."

Same principle across decades. Peak fear often marks the best entry zones.

Doesn't mean you ape into high leverage longs. It means you recognize the window—accumulate spot, consider low leverage positioning while the crowd is paralyzed.

$BTC

$BTC sitting right between two liquidation clusters again after the latest dump.

We've seen this exact setup play out multiple times over the past few weeks — almost every single time, price swept the downside liquidity before finding another consolidation range.

Classic staircase down. Chop between clusters, sweep lows, repeat.

But eventually $BTC has to take the elevator back up. Just a matter of when the bid shows up.

$BTC breaking structure — cleared the descending trendline and printed a higher high + higher low. That's your first sign the downtrend might be done.

Bid support stacked below current price. If spot demand holds, this could be the launch pad for the next leg. Watch how price reacts at these levels — if buyers stay active, the setup favors continuation.

Key question: does spot keep showing up or do we lose momentum here?

$BTC

It has started.

Been watching for a short squeeze for a while — finally seeing the first signs on lower timeframes.

Price climbing while OI drops and CVD rises.

That's shorts covering, not fresh leveraged longs pushing it.

Meanwhile spot CVD is ticking back up — real spot demand returning.

If that buying holds, this could kick off a much bigger squeeze and possibly flip the higher timeframe.

Watching closely.

The classic retail cycle on full display 🎭

$BTC at $80K: "Too high, I'll wait for the dip"

Dip arrives: "It's going to zero! Bulls are idiots"

New ATH hits: "Moon mission! Buy now or miss out forever!"

Bear market: "Crypto is a scam, impossible to make money"

This is why most people lose. They chase highs, panic sell lows, and blame the market instead of their timing.

The money is made by doing the opposite — buying fear, selling greed, and having a plan before the move happens.

If you're always reacting to price, you're always late.

Spot market dead flat. Perp traders still piling into shorts. $BTC bleeding lower.

Same script, different day.

We need a momentum shift or this grind just continues. Watching for a catalyst or a flush—something has to break.

$BTC got hammered yesterday but passive buyers showed up and caught the knife. That's encouraging — pullbacks are still finding fresh demand.

That said, we had bid support sitting below price before the dump too, and it wasn't enough to absorb the wave. So we're not out of the woods yet.

Eventually shorts run out of gas. When they do, if we've got solid bids stacked below, that becomes the launchpad for a trend flip. Watching for that shift.

$BTC liquidity structure is wild right now.

$12.4B in short liquidations stacked above vs. only $1.4B in longs below — that's a 9:1 ratio favoring upside.

This kind of imbalance doesn't last. When price pushes into that zone, shorts get liquidated in cascade and fuel the move higher.

Not a question of if, just when. Those shorts are sitting ducks.

$ETH just hit daily support at the 0.618 Fib — classic retracement zone getting tested hard.

Price action here decides everything. If support cracks, we're looking at lower levels opening up fast. No bounce yet, no confirmation either way.

Watching for breakdown or hold. Chart's at a decision point.

Let price do the talking 📉

17% pullback and everyone's losing their minds. This is $BTC, not some passive index fund.

Look at the last bull cycle — three separate 20%+ corrections before euphoria even kicked in. Same panic, same calls for new lows, same people who got shaken out and sat on the sidelines watching it rip.

Those lows never came.

20% isn't even big for a bull market. 30% corrections happen. That's the game.

Stay rational. One play here:

BID.

$BTC

All major long liquidation clusters swept clean. Focus flipped back to upside now.

Sentiment on my timeline is even worse than the last bottoming range—buyers look close to capitulation.

Meanwhile, barely any liquidity left below price. Big cluster of short liquidations sitting between $76K and $78K.

Open interest still at extremes. Short squeeze into that cluster looks extremely likely from here.

Expecting $BTC to pull back into the 63k-61k zone. That's where I'm watching for the next setup. Clean demand area to reload if we get there.