Retail traders are piling into longs again — over 70% positioning — and the market has reacted the same way it did before: another sharp drop, nearly 10% this time. We’ve now seen this pattern repeat multiple times around major levels like $93K, $84K, $78K, and $68K. Whenever long exposure becomes overcrowded, it often turns into fuel for the next liquidation cascade.
There’s also a clear warning in the structure. Price continues to form lower highs, but retail long positioning keeps forming higher lows. In simple terms: confidence is increasing while market strength is fading. Traders are entering longs in weaker conditions, at poorer levels, and with less momentum behind the move.
Even after the recent decline, long exposure has already climbed back above 71%. That’s typically what a one-sided market looks like — liquidity stacking where the most pain can occur.
This isn’t random price action. The market is reacting directly to positioning.
#BTCDropsbelow$63K #BTC #BTC☀ #BTC☀️ #BTC走势分析
