The tightest spot isn't on-chain, it's in the data center.
While the news is buzzing about GPU prices skyrocketing, I'm watching $BTC still hovering around 64400, just +0.88% in the last 24 hours, and the funding rate is still sitting at -0.0048%. There's chatter about AI agents and quant trading snatching up hashing power, yet the coin price is barely awake; this contrast actually indicates that money hasn't left, it's just gone to buy shovels first.
I’m not chasing here, only placed a 5% short above 64400, planning to exit around 64760, and if it breaks that, I’ll cut losses. Leveraged 7.6x on the futures/spot, this kind of market is known for taxing emotions first. $BTC #Bitcoin
While the news is buzzing about GPU prices skyrocketing, I'm watching $BTC still hovering around 64400, just +0.88% in the last 24 hours, and the funding rate is still sitting at -0.0048%. There's chatter about AI agents and quant trading snatching up hashing power, yet the coin price is barely awake; this contrast actually indicates that money hasn't left, it's just gone to buy shovels first.
I’m not chasing here, only placed a 5% short above 64400, planning to exit around 64760, and if it breaks that, I’ll cut losses. Leveraged 7.6x on the futures/spot, this kind of market is known for taxing emotions first. $BTC #Bitcoin