🚨 THE DECLINE WAS STRUCTURAL, NOT EMOTIONAL $HEMI
The $126K → $80K drawdown aligned with two converging forces: $HEI
1️⃣ Mechanical Selling
• $1.27B ETF outflows
• Corporate treasuries forced to sell actual BTC
This created a non-discretionary wave of spot pressure. $SXP
2️⃣ Macro Liquidity Compression
• Fed QT in its final stretch
• TGA absorbing $700B
Liquidity was at multi-year lows — amplifying every move.
3️⃣ A Classic Market Bottom Signal
• Sentiment at Extreme Fear (10)
• QT effectively ending
• Stablecoin regulation adding structural demand
The forced unwind has passed.
This was the reset phase before expansion.
A new liquidity cycle begins now. 🌅📈

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