Post
$BTC at $70k — exit liquidity for whales! Don't you understand yet? 🛑🐳
My last post was seen by over 20,000 people. While some laughed, $BTC wiped out long positions from $84,000 to $60,000 in just a week. That was the first warning. Now we are again hovering around $70k, but the numbers say — it's a trap.
Facts, not emotions:
📉 Net Outflow: Only from spot ETFs in the last 10 days, $1.77 billion has been withdrawn. BlackRock and Fidelity, which previously supported the market, are now showing stable losses. Money is leaving the market, not entering.
📊 Spot Volume: Spot volumes have dropped. The last surge to $70k occurred on record low trading. This means there is no real buyer — the rise is sustained by the liquidation of short sellers and manipulation.
⛏ Miner Pressure: The MPI index and on-chain data indicate the transfer of over 24,000 BTC to exchanges in recent days. Miners, who know this market better than anyone, are locking in profits at these levels.
My plan: 70% of the portfolio in stablecoins. Better to miss out on 5% of dubious growth than to become fuel for another plunge of -20%. Until we establish ourselves above $81,000, any rise is just an excuse for whales to sell higher.
The next stop if we break $68k — retest the $60,000 - $63,000 zone
{future}(BTCUSDT)
#BTC #CryptoAnalysis #BinanceSquare #Write2Earn
My last post was seen by over 20,000 people. While some laughed, $BTC wiped out long positions from $84,000 to $60,000 in just a week. That was the first warning. Now we are again hovering around $70k, but the numbers say — it's a trap.
Facts, not emotions:
📉 Net Outflow: Only from spot ETFs in the last 10 days, $1.77 billion has been withdrawn. BlackRock and Fidelity, which previously supported the market, are now showing stable losses. Money is leaving the market, not entering.
📊 Spot Volume: Spot volumes have dropped. The last surge to $70k occurred on record low trading. This means there is no real buyer — the rise is sustained by the liquidation of short sellers and manipulation.
⛏ Miner Pressure: The MPI index and on-chain data indicate the transfer of over 24,000 BTC to exchanges in recent days. Miners, who know this market better than anyone, are locking in profits at these levels.
My plan: 70% of the portfolio in stablecoins. Better to miss out on 5% of dubious growth than to become fuel for another plunge of -20%. Until we establish ourselves above $81,000, any rise is just an excuse for whales to sell higher.
The next stop if we break $68k — retest the $60,000 - $63,000 zone
{future}(BTCUSDT)
#BTC #CryptoAnalysis #BinanceSquare #Write2Earn
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.