Pushed toward $85k, then pulled back by US stocks. Retail traders panic-sell, while the big players quietly position themselves in the shadows.
The Cheese King is here 🧀 Today’s Cheese Index: 5/10. The market is lukewarm and moving sideways 🧀.
$BTC BTC failed to break above $85k and pulled back to $81,630. Many people think the trend has turned bearish, but this is just a knock-on pullback triggered by volatility in US tech stocks following earnings reports. Retail traders see the pullback and rush to hand over their chips, while the big players are using the opportunity to shake out the market. “As long as the funding rate doesn’t turn negative, this pullback is a healthy shakeout of weak hands.” The whale long/short ratio remains elevated at 1.75, showing that major players haven’t left the market at all—they’re just waiting for the next opportunity to make a move.
📚 Cheese Class: A whale long/short ratio of 1.75 means big players are extremely active, and the market is being controlled by major players rather than retail traders.
🔮 Cheese Prediction: If BTC holds above $81k this week and the whale long/short ratio stays above 1.5, it is expected to challenge $84k again within five days. Verification date: 10/28.
💡 What retail traders can do today: Watch to see whether BTC can remain firmly above the $81k support level.
(The above is solely my personal observation and is not investment advice.)
Do you think this pullback is a shakeout caused by US tech stocks, or are the big players preparing to sell at the top? The Cheese King posts updates every day—let’s figure out the big players’ next move together 🧀
#web3 #finance #markets #bitcoin
The Cheese King is here 🧀 Today’s Cheese Index: 5/10. The market is lukewarm and moving sideways 🧀.
$BTC BTC failed to break above $85k and pulled back to $81,630. Many people think the trend has turned bearish, but this is just a knock-on pullback triggered by volatility in US tech stocks following earnings reports. Retail traders see the pullback and rush to hand over their chips, while the big players are using the opportunity to shake out the market. “As long as the funding rate doesn’t turn negative, this pullback is a healthy shakeout of weak hands.” The whale long/short ratio remains elevated at 1.75, showing that major players haven’t left the market at all—they’re just waiting for the next opportunity to make a move.
📚 Cheese Class: A whale long/short ratio of 1.75 means big players are extremely active, and the market is being controlled by major players rather than retail traders.
🔮 Cheese Prediction: If BTC holds above $81k this week and the whale long/short ratio stays above 1.5, it is expected to challenge $84k again within five days. Verification date: 10/28.
💡 What retail traders can do today: Watch to see whether BTC can remain firmly above the $81k support level.
(The above is solely my personal observation and is not investment advice.)
Do you think this pullback is a shakeout caused by US tech stocks, or are the big players preparing to sell at the top? The Cheese King posts updates every day—let’s figure out the big players’ next move together 🧀
#web3 #finance #markets #bitcoin