Pai 🌲|6月 09, 2026 09:48
Saylor said last week's crash was an AI stampede. Arca replied with one word: nonsense.
I don't fully believe either side, but that's not important. What's important is who's buying.
It doesn't matter what caused the sell-off. Leverage got wiped out, stop losses triggered, institutions reduced positions. Everyone who needed to run has already run. The question is, where's the remaining money going?
On Sunday, it bounced from 60k to 64k, pulling back $4,000 in half a day. Today, it slowly slid back to 62.6k. The buying during that rebound is now quietly dispersing. Doesn't look like bottom-fishing, more like short covering.
This is what we should be watching. It's not about who sold, it's about no one buying.
My plan: If 62k gets tested again tomorrow and holds, I'll open my first long. If it breaks, I'll wait for 59k. No action unless it hits, and if it does, I'll go for it. If I'm wrong, I'll accept it.
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