Published 21 Jun 2026, 16:24 UTC · fetched 6 Nov 2026, 14:20 UTC
Gaijin
@Gaijin165
In reply to · 21 Jun 2026, 16:15 UTC · context given to the AI
Bitcoin keeps dropping harder than open interest. That's the part that stands out. Earlier today, longs took profit and open interest fell. After that, price kept drifting lower, but open interest stopped falling and started holding steady. That tells me shorts are stepping in. Then we got a small bounce. Price pushed up, longs started chasing again, and open interest ticked higher. A few hours later, price rolled over while liquidity barely moved. That's usually not what you see when a market is preparing for a larger move higher. Right now I still see a rising wedge, a bear flag, and a rejection from local resistance. As long as Bitcoin stays below $64.6k, I'm struggling to find a reason to get excited about upside. The level I'm watching is $63.9k. Lose that, and I think things start moving a lot faster.@MartiniGuyYT BTC lives under key levels more than above themView original on X ↗
Deterministic: the same prices and policy always give the same result
r = 64641.09 / 64065.58 − 1 = +0.9%d × r = -0.9% (neutral only if the price is unchanged) → incorrectOnly the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
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