This looks more like bullish capitulation than a trend reversal.
$BTC open interest down 17%, Binance just saw its biggest liquidation wave since 2021.
Leverage getting flushed out — exactly what we need. This is the reset before the next leg up.
Patience pays. Let the weak hands shake out, let the froth clear. These are the moments that set up the real moves. If your thesis is solid and you're holding through cycles, this is noise.
Hold your conviction. Add on weakness if you can. The macro setup hasn't changed.
$BTC open interest down 17%, Binance just saw its biggest liquidation wave since 2021.
Leverage getting flushed out — exactly what we need. This is the reset before the next leg up.
Patience pays. Let the weak hands shake out, let the froth clear. These are the moments that set up the real moves. If your thesis is solid and you're holding through cycles, this is noise.
Hold your conviction. Add on weakness if you can. The macro setup hasn't changed.
