Oi Ninjas! ARE YOU ALL BUZZING FROM YESTERDAY? đđ„đ„đ„
#BTC went and got the healthy pullback we signaled several times in the saved lives.
What wouldnât be normal would be for BTC to simply keep falling without making that moveâespecially within a structure that still maintains a bearish bias. We talked a lot about this and, in fact, we showed some concern precisely because that pullback was taking so long to happen.
Yesterday, we saw an extremely heavy move in the market. And here Iâm not talking about institutions, but about big players with enough capital to move BTC through highly leveraged positions, combined with an aggressive liquidation of positions by the exchanges themselves.
It was approximately US$ 4 billion in liquidations over about 6 hours.
So whatâs the result? SHORT SQUEEZE.
An enormous number of short positions were liquidated, triggering forced buying and violently accelerating BTCâs rise.
Add to that the macroeconomic events, the movement in US Treasury bonds, the Fed minutes, and Trumpâs meeting with major names from the crypto, finance, and technology sectors.
All of this increased volatility even more.
â ïž And this is exactly where the danger lies for anyone thinking about jumping in mid-way.
The market is extremely volatile, and a big part of this surge came from liquidation and the forced closing of shortsânot simply from a clean, continuous build of buy-side demand.
The scenario weâre following remains the same: WE ARE NOT IN A TREND RECOVERY. Calm down!
The market goes up, seeks liquidity, clears positions, and then breathes. It limits the gains and will never allow everyone to go down while shorted or to go long all at the same time. Exchanges and big players are far ahead of retail. The strongest move happens exactly when the market manages to squeeze out the maximum number of positions and leave the smallest number of people prepared for what comes next. DONâT GET AHEAD OF IT.
#ThaiTraderOficial
#BTC went and got the healthy pullback we signaled several times in the saved lives.
What wouldnât be normal would be for BTC to simply keep falling without making that moveâespecially within a structure that still maintains a bearish bias. We talked a lot about this and, in fact, we showed some concern precisely because that pullback was taking so long to happen.
Yesterday, we saw an extremely heavy move in the market. And here Iâm not talking about institutions, but about big players with enough capital to move BTC through highly leveraged positions, combined with an aggressive liquidation of positions by the exchanges themselves.
It was approximately US$ 4 billion in liquidations over about 6 hours.
So whatâs the result? SHORT SQUEEZE.
An enormous number of short positions were liquidated, triggering forced buying and violently accelerating BTCâs rise.
Add to that the macroeconomic events, the movement in US Treasury bonds, the Fed minutes, and Trumpâs meeting with major names from the crypto, finance, and technology sectors.
All of this increased volatility even more.
â ïž And this is exactly where the danger lies for anyone thinking about jumping in mid-way.
The market is extremely volatile, and a big part of this surge came from liquidation and the forced closing of shortsânot simply from a clean, continuous build of buy-side demand.
The scenario weâre following remains the same: WE ARE NOT IN A TREND RECOVERY. Calm down!
The market goes up, seeks liquidity, clears positions, and then breathes. It limits the gains and will never allow everyone to go down while shorted or to go long all at the same time. Exchanges and big players are far ahead of retail. The strongest move happens exactly when the market manages to squeeze out the maximum number of positions and leave the smallest number of people prepared for what comes next. DONâT GET AHEAD OF IT.
#ThaiTraderOficial