$BTC $ETH $SOL 🚨 MARKET WARNING 🚨
We are seeing large money outflows from the crypto market again... yet Bitcoin and many altcoins are still being pushed higher despite the selling pressure.
This does not look like normal healthy buying to me.
A huge number of traders are positioned short because the macro picture is still dangerous... inflation remains high... oil risks are increasing... Treasury yields are still elevated... and the Fed is getting closer.
When too many traders are short... even a relatively small amount of buying can trigger a short squeeze... forcing short positions to close and creating even more automatic buying.
That can make the market rise temporarily even while real money is leaving.
I cannot prove that Binance or other exchanges are deliberately manipulating prices... but this kind of market-wide movement while large outflows continue should make everyone extremely careful.
Do not assume that rising prices mean the risk is gone.
Shorts can be liquidated first... and the real selloff can come later.
The Fed is still ahead of us... oil can rise again... Treasury yields can turn higher again... and if those risks hit together the next wave of selling could be much stronger.
Be very careful with leverage.
We are seeing large money outflows from the crypto market again... yet Bitcoin and many altcoins are still being pushed higher despite the selling pressure.
This does not look like normal healthy buying to me.
A huge number of traders are positioned short because the macro picture is still dangerous... inflation remains high... oil risks are increasing... Treasury yields are still elevated... and the Fed is getting closer.
When too many traders are short... even a relatively small amount of buying can trigger a short squeeze... forcing short positions to close and creating even more automatic buying.
That can make the market rise temporarily even while real money is leaving.
I cannot prove that Binance or other exchanges are deliberately manipulating prices... but this kind of market-wide movement while large outflows continue should make everyone extremely careful.
Do not assume that rising prices mean the risk is gone.
Shorts can be liquidated first... and the real selloff can come later.
The Fed is still ahead of us... oil can rise again... Treasury yields can turn higher again... and if those risks hit together the next wave of selling could be much stronger.
Be very careful with leverage.