The Great Whale Battle Ahead of US Inflation Data Release
The Great Whale Battle Ahead of US Inflation Data Release
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⚡️ In 3 seconds
Market is at a technical turning point; where US inflation data can trigger a heavy dump or the start of a massive bull rally
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📊 Numbers you need to know
• $74,100 Current price of Bitcoin after retreating from higher levels
• $94 million Value of short position opened by a whale with 13x leverage
• 0.3 percent Expected increase rate for the Consumer Price Index in October
• 10 percent Bitcoin price drop rate in the past month which has put the market in a state of uncertainty
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🔍 What 90% of media is not saying
Media is only focused on inflation numbers, but the reality is that whales, by opening heavy short positions, are intentionally creating panic in the market to prepare themselves for a new bull cycle by hunting liquidity at lower levels
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⚖️ Two sides of the coin
🟢 Current technical structure is similar to early 2023 and the third test of the support trendline can be a prelude to a major bounce
🔴 If inflation is announced higher than expectations, whales' selling pressure can lead to breaking the support trendline and deeper drops
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🎯 What it means for your wallet
In this sensitive condition, market reacts intensely to news; therefore avoid entering with high leverage and emotional decisions caused by momentary fluctuations
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Do you think whales are trapping the market or are they truly worried about the price drop?
📌 Save this post so you have the market strategic analysis at hand when inflation data is released
#Bitcoin #Inflation #Cryptocurrency #Market_Analysis
━━━━━━━━━━
⚡️ In 3 seconds
Market is at a technical turning point; where US inflation data can trigger a heavy dump or the start of a massive bull rally
━━━━━━━━━━
📊 Numbers you need to know
• $74,100 Current price of Bitcoin after retreating from higher levels
• $94 million Value of short position opened by a whale with 13x leverage
• 0.3 percent Expected increase rate for the Consumer Price Index in October
• 10 percent Bitcoin price drop rate in the past month which has put the market in a state of uncertainty
━━━━━━━━━━
🔍 What 90% of media is not saying
Media is only focused on inflation numbers, but the reality is that whales, by opening heavy short positions, are intentionally creating panic in the market to prepare themselves for a new bull cycle by hunting liquidity at lower levels
━━━━━━━━━━
⚖️ Two sides of the coin
🟢 Current technical structure is similar to early 2023 and the third test of the support trendline can be a prelude to a major bounce
🔴 If inflation is announced higher than expectations, whales' selling pressure can lead to breaking the support trendline and deeper drops
━━━━━━━━━━
🎯 What it means for your wallet
In this sensitive condition, market reacts intensely to news; therefore avoid entering with high leverage and emotional decisions caused by momentary fluctuations
━━━━━━━━━━
Do you think whales are trapping the market or are they truly worried about the price drop?
📌 Save this post so you have the market strategic analysis at hand when inflation data is released
#Bitcoin #Inflation #Cryptocurrency #Market_Analysis
Tested record of “On-chain & data” posts: 61 posts: BTC 24h later averaged +0.18% vs +0.17% for any hour (p = 0.96) — not distinguishable from chance. Full record
Persian original · View this post on Telegram ↗ · Open in the archive · 💬 Discuss in the Coin_Kurd Telegram group · Educational, not financial advice.