⚡#bitcoin;

Friends, I want to share what I see and what I cannot see.

As you know, yesterday, when it was at 70 thousand levels, when I examined it, the image was in a way that it could go back to 72 levels, and I tweeted this, and then it rose to 72,500. Then, after the closing, I slept happily while the price was hovering around 72,500. I was shocked when I picked up the phone in the morning.

I turned on the computer and started looking at the reasons for the price decline.

The first thing I looked at was the whale chart. Yes, there were sales from whales, but there was no situation that would bring that much sales, but they were not buying the decline either. That's why the decline continued, and now they've started to pick up slightly again, which may be a little comforting.

The Futures Movie started between 5-7 o'clock, I started to examine the Futures side, yes, something was going on in the futures again, I saw 1 billion dollars of negative net shorts between 5-7 o'clock, only on the Binance exchange, that is, it seemed that 1 billion dollars more shorts were opened than longs between these hours, but the ridiculous part is. I could not see and find the time when these shorts were opened.

Only in #bitcoin, a $2 billion position was closed and closed, $240 million of which was liquidated and the rest was stopped.

The funding rate dropped significantly due to the liquidation of long positions, and the excess was eliminated.

So, as a result, I see that they have improved the conditions for the reaction to some extent.

Since I do a lot of spot transactions, I did not panic. Of course, profits may melt and you may be stressed, but this is crypto friends, we need to be used to and ready for such declines.

I hope I am not mistaken that the image can be recovered again. #ytd