𝐓𝐡𝐞 𝐜𝐡𝐨𝐩 𝐢𝐬 𝐩𝐫𝐢𝐧𝐭𝐢𝐧𝐠 𝐦𝐨𝐧𝐞𝐲 𝐟𝐨𝐫 𝐨𝐧𝐞 𝐭𝐲𝐩𝐞 𝐨𝐟 𝐭𝐫𝐚𝐝𝐞𝐫 𝐫𝐢𝐠𝐡𝐭 𝐧𝐨𝐰....
The patient one....
Over the last two weeks, $BTC ran from $69K to nearly $80K on a dovish Fed nominee and a ceasefire extension. Shorts got liquidated in waves. Then $BTC rejected $80K and bears piled back in. Now shorts are rebuilding positions into the pullback.
You see where this is going.
The market is doing what it always does in a chop zone. Squeeze longs at the lows. Squeeze shorts at the highs. Separate the patient from the impatient. Drain leverage from both sides before picking a direction.
Short interest is already rebuilding near $77K. Funding rates are turning slightly negative again. If $BTC gets ANY bullish catalyst, another squeeze to $80K+ becomes likely. If it breaks $75K support first, the longs get flushed and we see $70K quickly.
Here's the trick most people miss. The biggest moves in this market aren't coming from directional calls. They're coming from liquidation cascades. Identify where the liquidity is and trade toward it.
Currently the biggest liquidation clusters are at $74K (shorts) on the downside and $80K-$81K (longs and new shorts) on the upside. Whichever breaks first gets visited.
My read: $74K breaks first because of the triple top rejection. Then shorts cover into $70K and the next squeeze back up begins.
This is why I keep saying stop trading the news and start trading the liquidity. News is noise. Liquidity is signal.
Where are you watching for the next squeeze? Drop your levels....

