I am a fisherman. I've been in the crypto space for ten years, and there's a hard rule etched in my bones: when Wall Street starts to collectively withdraw, the retail investors' nightmare has just begun!
Chapter 1: Data Explosion! $115 million Great Escape in Three Days
This performance yesterday was too familiar—
Grayscale GBTC experienced a single-day net outflow of $81.3 million, like opening a floodgate;
ARKB (Ark Investment) followed closely with a withdrawal of $33.6 million, totaling $115 million over three days.
Is this a normal reallocation? It's clearly an emergency dismantling by institutions! The historical total net outflow has surged to $22.695 billion, equivalent to draining three medium-sized exchanges.
Retail investors are still dreaming of reaching $100,000, while the big players have quietly placed sell orders!
Chapter 2: Three Major Hidden Arrows Piercing the Heart of the Bull Market
1. Interest Rate Scythe Hangs Overhead
The Federal Reserve has stated 'inflation is not eradicated', and the probability of a rate hike in September has soared to 68%. Institutions understand better than anyone: Dollar rate hikes = Bloodletting in the Crypto Space!
After the interest rate hike in August last year, BTC plummeted 23%, with Grayscale experiencing a weekly outflow of $1.9 billion;
This time running away early is to prevent history from repeating itself.
2. Grayscale's ‘Flower Switching’ Technique
While allowing GBTC to bleed, they are aggressively promoting a new toy, BCOR ETF (investing exclusively in Bitcoin-listed companies), raising $1 million.
Strategy Revealed:
Using the money of old retail investors to fill the pit;
Using BCOR to deceive new retail investors into taking over—
‘Old wine in new bottles, the sickle never rusts!’
3. Whales Join Forces to Suppress Prices
Last night, 3,000 BTC suddenly transferred to Kraken (worth $262 million), causing the exchange to be instantly filled with 'hidden bombs'.
Whale's Three-Step Strategy:
1. Large Transfers Create Panic Selling;
2. Retail Investors Cut Losses and Buy at Low Prices;
3. Leveraged Longs to Explode Short Positions.
Chapter 3: Retail Investor Graveyard OR Golden Pit? See Through Three Signal Lights
1. Escape Line: BTC Holds Steady at $59,000
If the weekly close does not break 59,000, the computing power support is not broken, a sharp drop can be an opportunity to buy the dip;
Once breached, it heads straight for $52,000 (mining shutdown price), and the waterfall cannot be stopped.
2. Institutional Bottom Cards: Focus on ARKB Grayscale Premium
GBTC Premium Turns Positive = Institutions Re-entering the Market;
ARKB Continuous Outflow = Cathie Wood Can't Stand It Either (the $33.6 million outflow yesterday was a warning).
3. The Leverage Gambler's Deadlock
Current USDT lending rate has surged to 16.01% (six-month peak), borrowing USDT to trade is like preparing a noose. If you're feeling lost and helpless in trading and want to learn more about the crypto space and cutting-edge information, then hurry up and follow me, and I guarantee you won't get lost in this round of the bull market!