Reflect on this round of the market: why the shorts were liquidated.
1. Bitcoin has been suppressing the price for a long time; market liquidity has been held down, and short sentiment keeps building up.
2. The “US stocks siphoning liquidity” theory is popular. Many people are convinced that the funds all went to US stocks, so there’s no incremental capital coming into the crypto market—therefore it must keep dropping here.
3. On-chain data keeps showing people chasing shorts. Near key resistance levels, more and more people keep opening shorts and adding to shorts.
4. The most classic logic shows up—“It hasn’t dropped enough yet; we need to stick in one more needle to take out the last batch of longs.”
In reality, when all these factors stack together, they only form one thing:
The short consensus is too unanimous.
When the main players trade, what they like most is to keep you chopping sideways in front of one so-called “resistance level” after another.
The more you chop sideways and the more bearish you become, the more you add to your position.
In the end, you realize that the sideways action isn’t meant to continue the drop—it’s providing shorts with endless liquidity.
Once there’s a breakout, shorts start cutting losses, getting liquidated, and covering—everything turns into forced buying.
As for the so-called “last needle,” very often it’s nothing more than a fantasy born from suppressed pressure.
For the past few days, I was in the group for three days and three nights, sleeping less than 12 hours—just to see exactly how the shorts get hooked.
It’s the same old script.
Back in 2021, I lost five figures of ETH on Ethereum. At the time, there was also a big-time BS miner who kept telling us:
“Prices won’t rise—just hold on. After the liquidation, the resistance level shows up. From one thousand to four thousand—what resistance level is there? It’s just wishful thinking dressed up.”
Only later did I truly understand: the most expensive tuition in the market isn’t getting the direction wrong—it’s believing that you only need to “hold on a bit longer” even when you were clearly wrong.
$BTC $ETH $LDO
1. Bitcoin has been suppressing the price for a long time; market liquidity has been held down, and short sentiment keeps building up.
2. The “US stocks siphoning liquidity” theory is popular. Many people are convinced that the funds all went to US stocks, so there’s no incremental capital coming into the crypto market—therefore it must keep dropping here.
3. On-chain data keeps showing people chasing shorts. Near key resistance levels, more and more people keep opening shorts and adding to shorts.
4. The most classic logic shows up—“It hasn’t dropped enough yet; we need to stick in one more needle to take out the last batch of longs.”
In reality, when all these factors stack together, they only form one thing:
The short consensus is too unanimous.
When the main players trade, what they like most is to keep you chopping sideways in front of one so-called “resistance level” after another.
The more you chop sideways and the more bearish you become, the more you add to your position.
In the end, you realize that the sideways action isn’t meant to continue the drop—it’s providing shorts with endless liquidity.
Once there’s a breakout, shorts start cutting losses, getting liquidated, and covering—everything turns into forced buying.
As for the so-called “last needle,” very often it’s nothing more than a fantasy born from suppressed pressure.
For the past few days, I was in the group for three days and three nights, sleeping less than 12 hours—just to see exactly how the shorts get hooked.
It’s the same old script.
Back in 2021, I lost five figures of ETH on Ethereum. At the time, there was also a big-time BS miner who kept telling us:
“Prices won’t rise—just hold on. After the liquidation, the resistance level shows up. From one thousand to four thousand—what resistance level is there? It’s just wishful thinking dressed up.”
Only later did I truly understand: the most expensive tuition in the market isn’t getting the direction wrong—it’s believing that you only need to “hold on a bit longer” even when you were clearly wrong.
$BTC $ETH $LDO