Swallowing the world! By the way, longs are up 82 million— is this the last supper or a new starting point?

“When the giant whale starts to lay its cards on the table, you either get a seat at the table to eat meat, or you become the dish on the plate.”

On-chain data has made everything crystal clear: BTW’s leading long positions total as much as 123 million, with unrealized profits exceeding 82 million, and a win rate of 86%! This isn’t just a rebound—this is a blatant bull run built by the main force stacking real money. The upper Bollinger band is pierced effortlessly, and all three RSI lines have surged above 90 into extreme overbought territory—a textbook “leverage artwork” kind of market.

But don’t be fooled by appearances:
Massive open positions mean the opposing side is nearly dried up, and the funding rate is still positive—this is not a bullish signal. It’s the main force maintaining a high premium to lure retail traders to chase, a “long-keeping” trap. Their cost basis is around 0.07, and the paper gains are enormous.

Qilin’s view: The trend may still have momentum to push higher, but this is already the fish-tail stage. The real hunters are watching closely for the moment the funding rate turns negative—that will be when the whales flick their tails and long positions get trampled.

Trading advice: If you’re already in a position, keep a close eye on the funding rate—when it flips negative, exit decisively. If you’re not in yet, don’t chase; wait for a pullback and then enter.

Brothers caught in a trap—type “caught in a trap” in the comments. Qilin will help you analyze the main force’s intentions! #美国30年期国债收益率创2002年来新高 $BTW