-40.3% in 24h and open interest is still bleeding on CAP /USDT—the liquidation engine isn't done.
$CAP - SHORT
Trade Plan:
Entry: 0.04450 – 0.04740
SL: 0.04980
TP1: 0.03800
TP2: 0.03400
TP3: 0.03050
Why this setup?
- The -40.3% collapse across spot and perps is a clean continuation cascade, not an exhausted capitulation bottom.
- Open interest continues to bleed heavily while funding rates pay longs, confirming that trapped retail buyers are getting liquidated on every minor relief attempt.
- CAP is showing extreme relative weakness against a green BTC tape, keeping both 1H and daily market structures firmly in distribution mode.
- The 0.04450–0.04740 supply block provides an immediate execution zone to position for the next impulse leg toward 0.03800 and 0.03400.
- Invalidation is strictly defined above 0.04980; a 1H close above the 0.05095 structure flip terminates the short thesis immediately.
Debate:
Do you fade the 0.0455 relief retest down to 0.0340, or do you think the -40% drop has cleared enough float for a dead-cat bounce to 0.0500?
Click here to Trade 👇
$MARSCOIN $USELESS #USWeeklyInitialJoblessClaimsRiseTo206000 #SnowflakeSurges24%OnEarningsBeat #USISMServicesRisesTo55.4InAugust #EtherXRPETFInflowStreaksEnd #CFTCScrutinizesPredictionMarketAffiliates
$CAP - SHORT
Trade Plan:
Entry: 0.04450 – 0.04740
SL: 0.04980
TP1: 0.03800
TP2: 0.03400
TP3: 0.03050
Why this setup?
- The -40.3% collapse across spot and perps is a clean continuation cascade, not an exhausted capitulation bottom.
- Open interest continues to bleed heavily while funding rates pay longs, confirming that trapped retail buyers are getting liquidated on every minor relief attempt.
- CAP is showing extreme relative weakness against a green BTC tape, keeping both 1H and daily market structures firmly in distribution mode.
- The 0.04450–0.04740 supply block provides an immediate execution zone to position for the next impulse leg toward 0.03800 and 0.03400.
- Invalidation is strictly defined above 0.04980; a 1H close above the 0.05095 structure flip terminates the short thesis immediately.
Debate:
Do you fade the 0.0455 relief retest down to 0.0340, or do you think the -40% drop has cleared enough float for a dead-cat bounce to 0.0500?
Click here to Trade 👇
$MARSCOIN $USELESS #USWeeklyInitialJoblessClaimsRiseTo206000 #SnowflakeSurges24%OnEarningsBeat #USISMServicesRisesTo55.4InAugust #EtherXRPETFInflowStreaksEnd #CFTCScrutinizesPredictionMarketAffiliates
