Today, this large position actually bullish to 115,000! Is that possible? But then again, BlackRock keeps buying, and last night they issued another 2 billion, so at such a high position to take a large bullish stance, could there be some positive news? Is Powell preemptively lowering interest rates?
7th
酒色渐行
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The large positions taken by the bulls are different, of course, issuing 2 billion is said to drive up the market.
The recently refreshed data, mutual verification, the short positions on Bybit currently show no signs of reduction, and there are no significant changes in the long positions of other trades.
酒色渐行
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Currently, there is no particularly bullish data found; in fact, there is a slight decrease in positions. However, this does not mean there will be a significant drop, as the overall upward structure has not changed. It just means that bullish traders can consider entering around the previous lows and manage their position sizes appropriately.
It has reached 5 1, but that is not relevant to us, as we are focusing on the correlation within the US stock market.
Currently, there is no particularly bullish data found; in fact, there is a slight decrease in positions. However, this does not mean there will be a significant drop, as the overall upward structure has not changed. It just means that bullish traders can consider entering around the previous lows and manage their position sizes appropriately.
It has reached 5 1, but that is not relevant to us, as we are focusing on the correlation within the US stock market.
Using this post to discuss a method of monitoring. Some people have channels to monitor the changes in the position of exchange contracts, or they directly monitor the changes in short positions. In the future, when encountering similar situations, take the position data before significant market changes as a starting point and monitor for abnormal growth ratios of 3%, 5%, and 8% to push alerts. This may allow you to capture sudden situations in real-time. A long time ago, there was a paid feature called Contract Emperor that I used, so I know this method, but later I stopped using Contract Emperor.
酒色渐行
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Bybit suddenly faced a short sell-off, without a clear sudden signal. What you have to do is to hold on to the belief that it will fall, but you can't be sure when it will drop. Moreover, due to the prolonged period of wanting it to drop but not doing so, it might change your original intentions and persistence. Therefore, don't guess, don't insist, adapt to the situation, and only by controlling your position can you respond to unexpected situations.
However, since we've identified the reason for the sell-off here, the subsequent matters will be easier to handle.
Bybit suddenly faced a short sell-off, without a clear sudden signal. What you have to do is to hold on to the belief that it will fall, but you can't be sure when it will drop. Moreover, due to the prolonged period of wanting it to drop but not doing so, it might change your original intentions and persistence. Therefore, don't guess, don't insist, adapt to the situation, and only by controlling your position can you respond to unexpected situations.
However, since we've identified the reason for the sell-off here, the subsequent matters will be easier to handle.
Short selling energy needs to increase to this extent to see effective declines, but the appearance of selling data will not be without effect; it may just be slower. However, as for how significant the effect will be, that is hard to say. For example, yesterday, BlackRock's net inflow not only offset the $330 million worth of Bitcoin sold by other institutions but also purchased an additional $591 million worth of Bitcoin. I wonder if the 8,282 Bitcoins transferred out by Grayscale last night were from BlackRock? Anyway, with all the transfers back and forth, only professional data platforms can untangle the intricate tracking of these transactions.
Regarding tonight's issuance, I recall the circumstances of the last issuance on March 2. That afternoon there was an issuance, and that night Trump shouted to buy, causing a surge. However, on March 1, I noticed that there was a large volume of spot trading, but at that time, I didn't feel anything about these two data points because the drop on February 28 was too severe. I thought that even if bullish data appeared, it would still need to test twice, even if only halfway. As a result, everyone has seen it, so that time was a 1000% insider trading.
However, I haven't found any particularly unusual data now, but the market is hard to decline, which can actually be seen as a similar condition for potential bullishness. Then, issuance = price increase.
酒色渐行
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Bullish
Here it comes! Finally, the Ethereum chain has increased its issuance! And it's a sudden increase of 2 billion! 100K is hopeful now! #BTC #USDT
This is the sixth time in two months that CB has transferred out 8,000 bitcoins from 2020. Is it a wallet reorganization? But it has been five years, why is it still moving?
Short selling energy needs to increase to this extent to see effective declines, but the appearance of selling data will not be without effect; it may just be slower. However, as for how significant the effect will be, that is hard to say. For example, yesterday, BlackRock's net inflow not only offset the $330 million worth of Bitcoin sold by other institutions but also purchased an additional $591 million worth of Bitcoin. I wonder if the 8,282 Bitcoins transferred out by Grayscale last night were from BlackRock? Anyway, with all the transfers back and forth, only professional data platforms can untangle the intricate tracking of these transactions.
酒色渐行
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Grayscale moved 8,282 bitcoins, was it sold to an unknown institution via OTC? Or is it wallet consolidation? Recently, the only publicly available buyer for such a large amount is MicroStrategy. Could it be that they announce first and then transfer the coins? Or is it really an unknown institution buying so much at once? What do you choose? As long as it doesn't enter the exchange, it's not considered a sell-off. If it's OTC, then it's a future benefit. Perhaps no one remembers that last month CB transferred 8,000 bitcoins to FBTC, and the market continued to decline afterward. However, looking at it today, it seems reasonable again.
1. Grayscale wallet consolidation 2. OTC institution purchase Which one do you choose?
This market maker is very powerful, the market maker for the top two cryptocurrencies, Tether and Bitcoin, today seems to have thrown out about 4,550 Bitcoins. Although the CB exchange has a strong capacity for digestion, the market maker's sell-off is another matter.
Then there were many actions from ARKB today, so far a total of 2,389 Bitcoins have been transferred to CB or unknown addresses, and yesterday 2,415 were sold off. It should be mentioned that ARKB is an ETF institution that is very good at watching the wind and adjusting its sails, it is a swing trader, while BlackRock is directional, and FBTC is influenced.
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