bitcoin:native The market these past few days has been absolutely wild, especially with the $500 range oscillation all afternoon. Let’s take a closer look at the current market situation. bitcoin:native The liquidation map is nearing a critical moment. Above $83k, short liquidations have piled up to $480M. Below $80k, long liquidations have accumulated to $456M. Pretty much balanced. On October 19, the U.S. spot BTC ETF saw a net inflow of about $527M, marking the largest single-day inflow since September 22. It’s clear that funds from the U.S. stock market are flowing into Crypto. But right now, market OI is still at a high level, meaning there’s too much leverage in the market. For prices to rise or fall significantly, these high-leverage positions need to be cleared out. There are fewer sellers, but the real active buyers haven’t returned in large numbers yet. Right now, it feels more like the market is building up energy and digesting sell orders. On top of that, with this month’s U.S. stock earnings reports, the market is starting to question whether AI’s massive capital expenditures can generate sufficient returns. More people seem willing to bet their funds on Crypto instead. As I’m writing this tweet, the market is climbing again... Midway through writing, I noticed the $83k shorts have been cleared out. If $83k breaks and holds, shorting is off the table—go long with the trend. If it doesn’t hold, shorting is still an option.