$BTC continues to trade within a bearish structure, and I’m looking to fade the current recovery. Trading Plan Short $BTC Entry: 62,000 – 63,200 SL: 64,800 TP1: 60,800 TP2: 59,400 TP3: 57,800 The current rebound is approaching a key supply zone where sellers could regain control. As long as BTC remains below the invalidation level, I favor the downside, with the broader structure still pointing toward a move into lower liquidity. A rejection from this area could accelerate the next leg lower.
Margin loans in Taiwan have surged to a record NT$600 billion ($19 billion), more than DOUBLING over the past year. This exceeds the peak set during the Dot-Com Bubble in 2000. At the same time, borrowings backed by stocks and ETFs have hit a separate record, with 16 billion shares pledged as collateral, a figure that has surged nearly 4 times since 2022. The surge in margin debt over the last 12 months dwarfs even the +50% increase recorded in the final year of the Dot-Com Bubble, and exceeds the +94% rise seen recently in South Korea. For many Taiwanese investors, this is their first time borrowing money to amplify their market bets. If the AI buildout slows, the unwind of this leverage will be massive. #AppleFalls6.1% #KoreaActivatesSidecarAsKOSPI200FuturesFall5% #SOLSlides20%InAMonth #SolmateSharesDropOver98%
$BTC / USDT Long Setup Entry: $62,300 – $62,600 Stop Loss: $61,850 TP1: $63,200 TP2: $64,300 TP3: $65,500 – $65,600 BTC is sitting near trendline/support. If buyers defend this zone, a bounce toward $64K–$65.5K is possible. But if $61.8K breaks, setup is invalid. #MicronHitsRecordHigh #BTC #bitcoin
BREAKING: 💥 Iran is not planning to sell Oil to the United States - Mizan Oil Ministry official: "Our main buyers are Asian countries like China and more than 40 million barrels are heading there. We have no plan to sell to the United States". #GrowWithSAC #OilMarket
Bitcoin Weekly Update I don't think there's any need to write a long post when nothing has changed much in terms of price. The weekly chart remains in an overall downtrend. Price got rejected from the $65k–67k zone that we discussed in the last two weekly updates. That clearly shows the bulls are still weak. I see sentiment is extremely positive, and I honestly don't understand why. Price has done almost nothing, and the overall weekly structure still looks bearish. Looking at the weekly chart, the rejection from $65k–67k is very clean. Even if price moves up to $70k–72k, it still wouldn't change much on the weekly timeframe. I don't see any reason to chase the price or get caught up in the excitement on social media when the charts aren't giving me a bullish signal. As far as the weekly chart is concerned, I still don't see anything encouraging. **BTC Lower Timeframes** Last week, Bitcoin was trading around the $67k area, and I said that any weakness there would likely send the price back to the $60k–62k range. Last week, price dropped to around $62.2k, exactly as expected. Overall, I think the lower timeframes are still range-bound. $67k remains the key resistance. $60k–62k remains the key support. As long as price continues trading within this range, it's a no-trade zone for me. A breakout in either direction would likely lead to trend continuation SpaceXLosesOver$600BInThreeDays#MicronHitsRecordHigh SPCXFalls17.44%InPreMarketTo$148.34#NakamotoShiftsToBitcoinFocusedBusiness VisaStablecoinSettlementHits$7BAnnualized#SpaceXToJoinBloombergGlobalLargeCapIndex
Bitcoin is finally pushing back with renewed momentum, trading around $68,540 (+3.4%), signaling growing buying interest after the recent consolidation and geopolitical jitters.
The broader market is also turning greener as traders appear to be pricing in President Trump’s upcoming national address tonight at 9 PM ET on the Iran situation. Ethereum is up +5.3%, Solana +3.6%, XRP +3.4%, and BNB +2.0%, showing solid participation across major altcoins. This coordinated upside among large-cap assets often points to improving overall market confidence and risk appetite.
Meanwhile, the CMC Crypto Fear and Greed Index has edged up to 32, still in the Fear zone but continuing to recover from deeper panic levels in recent weeks. With sentiment gradually stabilizing and large caps trending higher, the crypto market appears to be slowly shaking off fear-driven conditions especially ahead of President Trump’s important update on Iran tonight. #USJoblessClaimsNearTwo-YearLow #ADPJobsSurge #GoogleStudyOnCryptoSecurityChallenges #BitmineIncreasesETHStake #ADPJobsSurge $BTC
🚨 THE BIGGEST CRYPTO MYSTERY HAS FINALLY BEEN RESOLVED.
Who crashed Luna and UST to 0 and brought down the entire crypto market in 2022?
Jane Street.
The same Jane Street accused of "10AM manipulation" also front-ran the 2022 Terra collapse.
In February 2026, the Terraform Labs bankruptcy administrator filed a lawsuit in Manhattan.
They accused Jane Street of causing the Terra collapse.
For those who don't remember, UST depegged in May 2022.
This caused LUNA to hyperinflate due to its mechanism, and $40B was wiped out within days.
Later, the same collapse had a domino effect, which started a brutal crypto winter.
As per the lawsuit, UST depeg was a smart playbook by Jane.
Here’s the timeline outlined in court:
• In May, Terraform quietly pulls 150M UST liquidity from Curve • Minutes later, Jane Street allegedly dumps 85M UST • Panic spreads • Depeg accelerated, and a collapse happened.
The complaint also claims Jane Street had advance knowledge via a private group chat called “Bryce’s Secret.”
A Jane Street trader who was a former Terraform intern and provided insider information.
But that's not all.
The suit alleges Jane Street:
• Avoided $200M+ in losses • Profited during the meltdown • Positioned themselves while retail was wiped out
Jane Street has denied everything and called the lawsuit “baseless.”
But the timeline indicates that Jane Street maybe behind all this.
🚨THE $2 TRILLION PRIVATE CREDIT MARKET COULD BE FACING ITS FIRST MAJOR BANKRUPTCY.
Blue Owl manages about $273 billion in assets. It is one of the biggest lenders behind the AI data center buildout.
When companies like Meta, CoreWeave, or Crusoe need billions to build large data center campuses, they often go to private credit firms like Blue Owl instead of issuing public bonds. Blue Owl structures the loans and brings in capital from pensions and insurance companies.
These deals are massive:
- $27B joint venture with Meta in Louisiana - $15B deal with Crusoe in Texas - $5B backing CoreWeave
Now here is what raised concerns.
Blue Owl’s $14 billion non traded private credit fund, a vehicle that allows retail investors to access private loans, recently restricted withdrawals.
Limiting withdrawals raises serious concerns because it can signal liquidity stress or losses inside the portfolio. When investors cannot access their money, markets start questioning whether the fund has enough cash to meet obligations and that is why bankruptcy rumors begin to circulate.
At the same time, $OWL is down about 55% over the past year.
Meanwhile, the companies borrowing this money are carrying extremely high debt.
Oracle, for example, now has over $100B in debt, adding tens of billions in a single year to finance AI infrastructure that may not generate returns for years.
This entire structure only works if AI revenue grows fast enough to pay back that debt.
If AI revenue slows or disappoints, the problem does not stay in tech stocks. It moves into credit.
And private credit is not small.
It is a $2 trillion market. Blue Owl is one of the key lenders inside that system. The question is not whether Blue Owl is collapsing.
The range is tightening and liquidity is building up on both sides. Feels like a massive liquidation spree is loading to wipe out the longs and the shorts.