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U.S. stocks haven’t even opened yet, but the bears have already been grinding the bulls into the ground! Tonight, the market is destined to be anything but calm!
Brothers, today’s chart is sending my blood pressure straight up to 180.
$BTC They directly pushed through the psychological barrier of 60k, with the lowest wick dipping to 58,031. Before the U.S. stock market opened, the 58k area kept oscillating back and forth, $ETH then free-fell from a high of 1,639 down to 1,511—dropping nearly 5% in 24 hours.
At the time of options settlement,
#美光市值超越Meta跻身全美前十 BlackRock deposited another 4,577 BTC and 41,996 ETH into Coinbase, worth more than $300 million, and the market immediately took a direction.
An old whale that had been silent for 8 months suddenly came alive. Right out of the gate, they opened an ETH short with 20x leverage—position size: 12,832 ETH, worth $19.7 million. For 8 months they didn’t say a word; when they finally spoke, it was basically a death sentence.
Institutions are stirring things up, whales are shorting, and retail is buying the dip—that’s a script I know. It played out last year.
BTC open interest has surged to 778,000 BTC, and the bears are still adding to their positions. This isn’t a pullback—it’s killing with intent.
Did you buy the dip today? Or are you trapped up on the mountaintop, getting blown in the wind? Can the big 58k hold when U.S. stocks open tonight? Drop a comment and let me see how many brothers are still alive 🤞