Chasing longs at 1160? You deserved to get buried! $ZEC A $32 million bloodbath overnight—market makers’ cards are now face up
On the surface, hotter-than-expected October CPI sparked rate-hike fears, sending the odds of a December hike soaring to 85%. In reality, it was a precision long squeeze: the NU7 upgrade’s bullish news had already been priced in, whale Big Z publicly liquidated its holdings in protest over infighting about funding, and the cost basis of leveraged longs built up earlier—1173—was instantly breached.
Bai Yue has already written up what price level you should enter at tonight: @Crypto白玥
#CPI高于预期，美股与BTC再度承压
On the surface, hotter-than-expected October CPI sparked rate-hike fears, sending the odds of a December hike soaring to 85%. In reality, it was a precision long squeeze: the NU7 upgrade’s bullish news had already been priced in, whale Big Z publicly liquidated its holdings in protest over infighting about funding, and the cost basis of leveraged longs built up earlier—1173—was instantly breached.
Bai Yue has already written up what price level you should enter at tonight: @Crypto白玥
#CPI高于预期，美股与BTC再度承压
