defimarket

The Cheese King is here 🧀 Today's Cheese Index 2/10, the market is frozen solid, and the retail investors are in a panic sell-off again ❄️

Reports from the media indicate that JPMorgan pointed out that without a major network breakout, Ethereum and altcoins will struggle to catch up to $BTC . Retail investors see this news and rush to sell, but the real data tells us that the Fear & Greed Index has dropped to 17, extreme fear, which historically has been the golden period for smart money to quietly accumulate. The whale position ratio is as high as 1.75 right now, indicating that the big players aren't running away but are actually hedging and accumulating at these low levels.

📚 Cheese Classroom: Whale position ratio of 1.75 = Binance futures whales are very active in trading, meaning the main players are positioning themselves, not just stagnant water.

Additionally, there's news that MicroStrategy has been advised to pause buying $BTC and restructure cash, which the market bears are using to make a big deal out of. But don't forget our prophecy review from 6/23: if it holds above $61k, the activity of the big players will remain. Currently, $BTC is firmly holding at $62,860, and the verification is still ongoing. As long as the funding rate stays neutral at +0.0050%, this is typical market manipulation by the big players.

(Above is purely personal observation, not investment advice)

Honestly, during this wave of volatility, did you get shaken out or did you secretly add to your position? If you found this helpful, give a like and follow the Cheese King, retail investors won't lose out 🧀

#cryptoregulation #defimarket #marketoutlook #比特幣 #Altseason