$LTC I really can’t listen to this short-selling narrative anymore—leverage borrowings have jumped by nearly four times in one go. The bulls are so afraid people won’t know they’re borrowing money to prop up the show. For the past five hours, large spot orders have all been dumping outward; for the past three hours, net inflow is zero across the twelve candlesticks—none of them are green. Is this called value picking? It’s the big players first delivering the goods, leaving you to use borrowed money to stand guard. Over four hours, six lines formed and five were bearish; the price keeps sinking step by step into soft mud beneath the moving averages. Even open interest is shrinking day by day. Money is borrowed, goods are being run off—this market is just a thin cardboard wall: it looks thick, but one poke and it goes through.
