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IBRAHIM1crypto
> Retail volume delta at its highest in months.
> Institutional volume delta at its highest in months.
> Cumulative net longs approaching $1B.
Most will look at this positioning and call it bullish.
I see another possibility.
An overcrowded market sitting barely 10% above the cycle low, during one of Bitcoin’s historically weakest periods.
If $BTC fails to break $67K, all of those positions will be trapped.
And if that happens, I believe new cycle lows are inevitable.
$NVDA
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