Hey folks, quick look! The crypto market has just flashed a key signal — according to authoritative on-chain data agency CryptoQuant's Axel Adler Jr's latest revelation: in the past hour, both long liquidations and short trading volume have suddenly surged! More subtly, the funding rate remains positive, but the market's 'reservoir' of open interest (OI) has started to decline!
What does this indicate? The tycoon translates it into plain language for you:
Short-term traders are retreating, shorts are testing the waters: An increase in long liquidations indicates that some short-term profit takers or holding traders have chosen to cash out or stop-loss; an increase in short trading volume indicates that some funds are attempting to 'feel the top' to short, betting on a short-term pullback.
Market sentiment remains warm, but the tension is rising: A positive funding rate means leveraged longs still have to pay, the overall bullish expectation is still there, but the decrease in open interest is a crucial detail — it's like a boxer slightly retracting their fist before throwing a punch, indicating that some funds are temporarily exiting to observe, the market is releasing leverage pressure, and signs of short-term consolidation are evident!
Exclusive interpretation from the tycoon: This is not a crash signal, but a 'healthy breath' of the bull market!
Historical experience tells us that in a frenzied bull market, the combination of 'positive funding rate + declining OI' is often not the end of the market, but a classic move of the main force 'shaking the positions and washing the market'! The goal is simple: to shake off the weak hands and clean up excessive leverage, laying a solid foundation for the next wave of rises! Especially when Bitcoin is hitting a crucial point in challenging its historical high (100,800 dollars?), this kind of consolidation is perfectly normal.
Operational tips: Stability is key, a pullback is an opportunity!
Reject panic, embrace volatility: Don't be scared by short-term fluctuations! The foundation of the bull market remains unchanged (continuous ETF inflows, positive macro expectations), a healthy pullback is a good opportunity to enter, not the end of the world.
Staggered layout, buying the dip in batches: Keep a close eye on key support (like below 100,800), don't dream of hitting the lowest point in one go! Use the 'pyramid' strategy, buy more as it dips to average down the cost.
Leverage is a double-edged sword, use it with caution! Market volatility is intensifying, high leverage is a 'suicide tool'! Spot trading is king, contract traders must strictly control their positions and set stop-losses.
Tycoon’s conclusion: In a bull market, a sharp drop is not a risk, it’s a big red envelope from the market! Smart money has sensed the opportunity and started to act (shorts testing, OI decline releasing risk). What you folks need to do is to stabilize your mindset, prepare your ammunition, aim for quality targets (BTC, ETH, leading altcoins with real ecosystems), and wait for the market to 'shake itself off', so we can gradually catch the bloodied chips! Remember, the bull market train is far from arriving, every squat is to jump higher!
The wolves have sensed blood! The tycoon leads the way, the golden pit below 100,800, we must seize the 'golden chips' of this pullback! Follow the tycoon to eat meat, not just soup! Pay attention to 'Tycoon Trends', the bull market doesn't wait for anyone, getting rich relies on action, not fantasy! Move immediately!