Tell that brother who said “the longs got liquidated by 7.8M, and the market should bounce”—does your household inflation rate really hit 67%? My cost basis for 0.12 BTC is $67,100; I’m down $718 today, but compared with TRY/USD rising another 1.3% after pay day when the money finally hits, what’s that supposed to mean? The whole market got liquidated for $158.2M: shorts $97.1M and longs only $61.1M. But your money is still evaporating in Lira—while my 80% of salary is already sitting as USDT in Binance.
Last week I thought the long side was slaughtered badly—now it looks like the shorts are the ones squeezing into each other and causing the stampede. Funding rate is +0.0039%, but the coin price keeps bouncing around the $64.5–65.4 range; nobody really wants to move. It’s not that there’s no direction—everyone knows this: whoever pays wages in Lira is the one footing the bill for this whole setup.
The first thing I do on payday: convert 80% into USDT. Not because I’m a crypto believer—it’s because I’m Turkish. On the same day last year, my wage converted to 230,000 Lira; today it’s 28,000 dollars. Guess what I was drinking yesterday? Jasmine milk green tea? No—it was cold sweat. #BTC走势分析
Last week I thought the long side was slaughtered badly—now it looks like the shorts are the ones squeezing into each other and causing the stampede. Funding rate is +0.0039%, but the coin price keeps bouncing around the $64.5–65.4 range; nobody really wants to move. It’s not that there’s no direction—everyone knows this: whoever pays wages in Lira is the one footing the bill for this whole setup.
The first thing I do on payday: convert 80% into USDT. Not because I’m a crypto believer—it’s because I’m Turkish. On the same day last year, my wage converted to 230,000 Lira; today it’s 28,000 dollars. Guess what I was drinking yesterday? Jasmine milk green tea? No—it was cold sweat. #BTC走势分析