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BTC next door has been stuck above 74,000 all week
$XAU moved 212 bucks on its own, with no company
Q: Who dumped that candle at 3861.47?
A: 169 million contracts, average volume 48.12 million, 3.52x
Q: Why pick that moment?
A: 391 million contracts crammed into three slots between 21:00 and 23:00
Q: Who caught it on the way down?
A: 264 million contracts over eight hours, only 68% of the dump segment
Retail orders caught it. The same person wouldn’t dump and buy at the same time
Above, from 3899 to 3917, it’s all hands waiting to break even
Funding is still positive; longs are paying overnight fees and haven’t given up
I’m staying out at this level; only a break below 3861.47 would mark the next leg
Hold above 3917, then we can talk about a recovery
(Not investment advice; trade at your own risk)