The Cheese King is here 🧀 Today’s Cheese Index is 7/10. The market is a bit overheated, and retail investors start chasing the price 🔥.
$BTC falling below $78k ends the spot ETF net inflow streak of 9 days—single-day outflows totaled $201.8 million. Retail investors intuitively think institutions are dumping and running 📉. But honestly, this pullback is just institutions washing the market and adjusting positions. Derivatives funding rates remain steady at +0.0026%, and futures have not triggered large-scale panic selling.
“Retail sees outflows and rushes to cut losses, while the big players are waiting to pick up the discounted, bloodied chips.”
Many people didn’t notice that the whale-sized position ratio is up to 1.81 🐳. This indicates smart money is significantly increasing turnover through the pullback. Open interest stays at a high level of 2.89 million contracts—nothing suggests the main force has retreated.
📚 Cheese Mini-Class: Whale-sized position ratio 1.81 = the big players’主动 trading volume is far higher than retail, which usually means the main force is actively rotating trades to build positions
Cheese Prediction Recap: Last time, the prediction that ENA would drive the alt-season index helped push it past 20/50. Right now the alt-season index is 14/50—still needs confirmation.
*(The above is just my personal observation, not investment advice.)*
With this ETF outflow breaking below 80k, do you think it’s the main force washing the market or a run-for-the-exit wave?
The Cheese King updates every day—let’s study what the big players will do next together 🧀
#trading #web3 #defi #altcoin
$BTC falling below $78k ends the spot ETF net inflow streak of 9 days—single-day outflows totaled $201.8 million. Retail investors intuitively think institutions are dumping and running 📉. But honestly, this pullback is just institutions washing the market and adjusting positions. Derivatives funding rates remain steady at +0.0026%, and futures have not triggered large-scale panic selling.
“Retail sees outflows and rushes to cut losses, while the big players are waiting to pick up the discounted, bloodied chips.”
Many people didn’t notice that the whale-sized position ratio is up to 1.81 🐳. This indicates smart money is significantly increasing turnover through the pullback. Open interest stays at a high level of 2.89 million contracts—nothing suggests the main force has retreated.
📚 Cheese Mini-Class: Whale-sized position ratio 1.81 = the big players’主动 trading volume is far higher than retail, which usually means the main force is actively rotating trades to build positions
Cheese Prediction Recap: Last time, the prediction that ENA would drive the alt-season index helped push it past 20/50. Right now the alt-season index is 14/50—still needs confirmation.
*(The above is just my personal observation, not investment advice.)*
With this ETF outflow breaking below 80k, do you think it’s the main force washing the market or a run-for-the-exit wave?
The Cheese King updates every day—let’s study what the big players will do next together 🧀
#trading #web3 #defi #altcoin