Lunge
4.5K posts

Lunge
@KingSmartist
Watching 50million Koreans playing their Squid Game/ 무직고졸백수 모태쏠로 번식탈락 소추 도태한남

I EXPECT TRUMP AND IRAN WILL REACH A DEAL VERY SOON Netanyahu was informed yesterday








We are still inside the red box structure, and I do not believe this structure has ended yet. Looking at the traditional centralized exchange patterns from the past, neither spot nor futures demand is showing a meaningful increase. (Images 1 and 2) After the ETF approval, institutions have been trading more through OTC channels and market makers. If this current range were truly an accumulation phase for institutions before a major upside move, I believe OTC demand should have at least started to recover. (Image 3) However, that is not what we are seeing. OTC demand is still not increasing. In fact, whenever demand through MSTR and IBIT slows down, OTC demand also starts to decline rapidly again. The accumulation behavior through market makers is also showing a similar pattern. At least based on the data I am currently tracking, I still do not see clear signs of accumulation strong enough to create a real trend reversal. Ultimately, I believe the current market is simply being driven relatively easily by certain players within a much lighter liquidity structure. The movement itself is becoming extremely aggressive, similar to what we saw near last year’s market top. As I have continued to say, after the ETF approval, the market structure has become far more sophisticated and extreme than before. There is much more information available now, and market participants have many more tools and strategies they can use. The same applies to the current market. High-leverage short positions are being liquidated, people who are bearish are being forced to give up, and then hope is being given back to those who start expecting upside again. Because this process is being pushed to such an extreme level, the market is inevitably becoming very difficult. My view remains unchanged.

I’d look to take some $BTC longs in the 76.3K–74.7K area if Bitcoin retests that range. For now, 78.5K (the weekly open) is the key local level to hold. If that level fails to hold, I’ll be ready to start scaling into longs lower down.














