Pai 🌲|Aug 03, 2026 09:41
Stayed on the sidelines watching over the weekend
BTC hit 65400 last Thursday
Friday's red candle wiped it all out
Bounced back to 63800 over the weekend, thought it was stable
Today straight to a new low at 62300
Can't go up
It's just leaking downward
Long-to-short ratio at 2.18, 70% are still going long
Price is dropping, positions aren't reducing
That's the real danger
That moment it hit 65K last Thursday
Was probably the short-term top
Staying on the sidelines, still watching, not buying in
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