Pooop

$btc has been grinding up in the last 40+ hours or so, EVEN WITH spot aggressively selling off (orange line) --> passive buying
perps have been relatively flat until the last 12 hours when asia opened and perps shorts have been added (purple line).
feels like we get a short squeeze pump with just a little spot buying up to 90-92 or so, grab the liquidity around 91-92 ish and then dump again.
i was long 12 hours ago when asia opened. now flat. waiting for more developments

a belated merry christmas to everyone! ho ho ho! $btc

New Year’s resolution - run this 5k usd challenge account up to a million asap.
Good start so far on a $btc and $eth long at the short term (?) bottom last few days
Note: this is a total Degen account. As likely to blow up tomorrow as it is to go up 🤣

my pfp is literally perfect for the chart. 3 barts in a row on $btc

limit short sell at 94.1k on $btc hit last night.
this move up has been entirely perps driven.
spot cvd selling constantly (pink line) while perps cd going up (orange line). correspondingly, open interest and funding rate (yellow line) also going up.
what could go wrong for longs here?

$btc is now consolidating in a low volume node, which is typically an area where you get some sort of reaction from the market.
went long here at 89.2k for a bounce to 92-92.5 (also the POC of the recent move down) or so and lets see what price does there.
doesn't take much on illiquid weekends to move it up and feels like there are too many people shorting this for lower.

$btc pain trade is up imo. tons of liquidity to be taken at 94-95.5k while much of CT has flipped bearish again

$btc 94-95k liquidations vs below.
do you see what I see?