Now I'll tell you one thing that will turn your idea of the market in your head.

We used to think that falling is as easy as growing up. But no.

Here, we take our favourite bitcoin for $76.9 thousand for analysis and simulate two situations:

📈 To reach $92 thousand (+15.1 thousand) you only need to pour ~$190 million into the market.

📉 But in order to collapse the price to $62 thousand (-14.9 thousand), you need to withdraw as much as $1.319 billion from the market!

Think about it: the price change is almost the same, but the difference is 6.9 times! It's like pushing a trampoline down: it springs backwards, but it's easier than throwing it up.

Why so?

The model takes into account a bunch of factors: open interest, liquidations, margin flows. And now all this shows us that there is a concrete wall from the limit orders at the bottom. Sellers will have to sweat a lot to break through the floor. But at the top there is rarefied air🪁 buyers can disperse the market with little effort if you compare it with sellers.

My opinion: this is a bullish imbalance. When it takes almost one and a half lards for the fall, and the ridiculous 190 lambs for growth, it means that the market does not physically want to go down.

So don't be surprised if we see $92k sooner than $62K. Mathematics is on our side.

This is not financial advice, it's just figures that are publicly available for which we can thank the market maker$BTC $ETH $SOL #BinanceSquareTalks #analysis #btc