TWLO This wave of on-chain data makes my back feel cold, smart money is secretly building positions, but retail investors are probably still sleeping.

Position volume exploded by 6.55% within 24 hours, large on-chain transfers increased simultaneously, this is not normal volatility, someone is loading up the truck. The price only moved 1.22%, obvious divergence between volume and price, a typical pattern of major players accumulating.

My first reaction to seeing this surge in open interest is not to chase, but to pause and think. I've been burned too many times before, every time the position suddenly expands, later either a spike or a shakeout follows.

In this wave of TWLO, the position volume increased by over 6 points, but the price remained still, like someone holding their breath and increasing their chips, waiting for a trigger point.

The insight I observed: OI surge + narrow price fluctuation often indicates a forthcoming directional move. If large transfers are also seen simultaneously, it leans more towards smart money’s layout.

But I won't rush in now, waiting for a confirmation signal, such as the price breaking above this consolidation zone, or funding rates turning positive. My gut tells me that chasing now might get you slapped from both sides.

What do you guys think about this TWLO move? Is it the main force building positions for a rally, or just luring longs in before dropping a trap? Let’s discuss in the comments, I want to see if anyone shares my view.

Just saw the news that the Bank of Japan continues to raise interest rates, the yen carry trade reversal is back on the table. The Federal Reserve just turned hawkish, and Japan is tightening simultaneously, the two biggest liquidity faucets worldwide are both being turned down.

The memory of July 2024 is still fresh, when $BTC dropped 20%. Now with TWLO’s on-chain signals combined with macro tightening, leverage in contracts should be reduced, as liquidity tightens, the first to be liquidated are those with floating profits and leveraged #我的Gate交易时刻 positions.