Nobody knows what they’re talking about, so I’ll explain everything.

People need to stop saying retail is gone, that’s not the story.

This move isn’t coming from small players, and the timing is not random.

Here’s the real explanation:

This pressure is coming from funding and leverage.

Over the last few weeks, altcoin funding rates turned aggressively positive.

That means:

– Too many longs

– Too much leverage

– Too many positions

When leverage builds up like this, bad news isn’t required for the price to drop.

A small dip is enough.

That dip liquidates crowded longs, liquidation pressure pushes price lower, stops get hit, spot holders react late, and forced selling takes over.

Then it repeats.

This is exactly what’s playing out right now.

Just look at the data:

– Open interest is starting to fall

– Longs are being liquidated aggressively

– Spot buyers are nowhere to be found

Excess leverage is being removed.

And here’s what most people don’t get: this is actually a good thing.

You don’t get sustainable upside when the entire market is already long.

Just so you know, I’ve been studying macro for over 20 years, and I’ve been in Bitcoin for more than a decade. I called the last 2 major market tops and bottoms.

When the next bottom is in and I start buying BTC again, I’ll say it here so you can copy my moves.

If you still haven’t followed me, you’ll regret it.

#USCryptoStakingTaxReview $BTC

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