$BTC | Neutral/Bearish Short-term
We’re seeing a classic divergence here. While retail is busy chasing the "relief bounce" on mid-caps, the heat maps for Bitcoin are showing a massive cluster of long liquidations sitting just below current support.
Historically, when Whales stop moving and retail stays vocal, the market likes to take the path of maximum pain. I’m expecting a quick wick down to flush out those over-leveraged long positions before we see any meaningful continuation.
We’re seeing a classic divergence here. While retail is busy chasing the "relief bounce" on mid-caps, the heat maps for Bitcoin are showing a massive cluster of long liquidations sitting just below current support.
Historically, when Whales stop moving and retail stays vocal, the market likes to take the path of maximum pain. I’m expecting a quick wick down to flush out those over-leveraged long positions before we see any meaningful continuation.