The market is slapping me in the face here—the spot net inflow has been negative for 12 bars straight, all red. Big money is pulling out, while retail traders are still playing dead. The futures market is even more honest: open interest has shrunk by nearly 10% in a day, and the share of long positions is falling too. This is capitulation, not a shakeout. Price is pinned below the moving averages, and the rebound can’t even flip the four-hour structure. Yet some people are still stubbornly holding on—basically trying to catch a falling knife with their face. Keep holding, then. Let’s see who cracks first.