One of the clearest signals was hidden in the way $BTC reacted after the latest pullback.
In every previous long-liquidation flush within this range, leverage was wiped out, Open Interest reset, support held, and price pushed on to make a new high.
This time was different.
Longs were liquidated and Open Interest dropped as expected, but instead of bouncing back strongly, $BTC formed a lower high before breaking below $63.7K.
The liquidations themselves weren't the key signal.
What mattered was BTC's inability to recover after excess leverage had been cleared.
Trading doesn't always require complex indicators.
Sometimes, recognising a simple shift in market structure tells you everything you need to know.
#GrubMarketFilesConfidentiallyForUSIPO #USTreasuryYieldsRetreat
In every previous long-liquidation flush within this range, leverage was wiped out, Open Interest reset, support held, and price pushed on to make a new high.
This time was different.
Longs were liquidated and Open Interest dropped as expected, but instead of bouncing back strongly, $BTC formed a lower high before breaking below $63.7K.
The liquidations themselves weren't the key signal.
What mattered was BTC's inability to recover after excess leverage had been cleared.
Trading doesn't always require complex indicators.
Sometimes, recognising a simple shift in market structure tells you everything you need to know.
#GrubMarketFilesConfidentiallyForUSIPO #USTreasuryYieldsRetreat