$BTC This week saw the most brutal drop in a week, but the real bottom hasn’t been hit yet — Shadow is focusing on the bulls unloading in an orderly fashion, not a panic sell-off.
BTC had its worst week since 2026, with prices sliding down to around $63,690. NewsBTC suggests the bottom is at $30,000, and QCP also claims we haven’t seen the bottom yet. But Shadow doesn’t look at headlines, it looks at structure.
Shadow’s analysis: Currently, Open Interest (OI) is continuously shrinking (down -0.41% in 5 minutes), and prices are slightly dipping in sync. This isn’t a panic sell-off — it’s bulls lining up to unload their positions efficiently, with no one rushing for the exit. Funding rate is at -0.0017%, and shorts aren’t even making much interest. The real bottom always appears after bulls are systematically wrecked and shorts get liquidated. The current state is at best a halftime break in the battle between bulls and bears. The signal system indicates a deleveraging flush — a slow decline during the deleveraging process, not a panic bottom. Shadow’s take: At this position, catching falling knives is no different from throwing your head into the guillotine. Wait until OI shrinks to a healthy level, funding rates turn extremely positive, or we see a significant panic sell-off before making any moves.
💬 With OI shrinking this much, are you still charging in? Did you see a signal that I missed? Share it.
#Bitcoin #BTC #ShadowShaman
BTC had its worst week since 2026, with prices sliding down to around $63,690. NewsBTC suggests the bottom is at $30,000, and QCP also claims we haven’t seen the bottom yet. But Shadow doesn’t look at headlines, it looks at structure.
Shadow’s analysis: Currently, Open Interest (OI) is continuously shrinking (down -0.41% in 5 minutes), and prices are slightly dipping in sync. This isn’t a panic sell-off — it’s bulls lining up to unload their positions efficiently, with no one rushing for the exit. Funding rate is at -0.0017%, and shorts aren’t even making much interest. The real bottom always appears after bulls are systematically wrecked and shorts get liquidated. The current state is at best a halftime break in the battle between bulls and bears. The signal system indicates a deleveraging flush — a slow decline during the deleveraging process, not a panic bottom. Shadow’s take: At this position, catching falling knives is no different from throwing your head into the guillotine. Wait until OI shrinks to a healthy level, funding rates turn extremely positive, or we see a significant panic sell-off before making any moves.
💬 With OI shrinking this much, are you still charging in? Did you see a signal that I missed? Share it.
#Bitcoin #BTC #ShadowShaman