$BTC Since August last year, every extended positive Delta period in BTC has ended in distribution.



We're seeing the same setup again now, Delta stretched positive with matching price action.

If the pattern holds, BTC is forming a macro lower high.

Eventually BTC will shift bullish, so be aware of that & wait for clear structure confirm.

Note that PA can continue grinding higher in the green for some time before any reversal. As always, confirm shifts through market structure. Just a little thing I am observing on the LTF.
BTC1.90%
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AddressSink
· 1h ago
LTF observation is pretty detailed, but the head-wear time may be longer than you think.
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YieldNotYell
· 1h ago
Wait for the structure to be confirmed before acting. If you rush in now, you’ll easily end up failing while blowing at the top of the mountain.
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CryptoTaxAccount
· 1h ago
History may repeat itself, but it won’t simply be copied; this time the funding rate environment is different—be cautious about shorting.
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MultiSigButler
· 1h ago
Has the macro secondary low already formed? I’ll first reduce my position and wait and see—better to miss out than get trapped.
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