STH profit expenses start to decline in Bitcoin. 🚨
This pattern of reduced local profitability among short-term participants usually marks an exhaustion point in the microstructure.
That’s why, over the past few days, I’ve been talking about caution regarding FOMO.
Many "analysts" who left their followers with +40% gains have started capitulating, saying they "were wrong."
Retail that follows narratives and news probably boosted this last push higher quite a bit.
Possibly entering late into the trend and buying the move already at exhaustion.
It wouldn’t be surprising to see Bitcoin weaken for a few days/weeks, even though it could still give one last gasp in the short term.
It’s generally in this kind of weakness that inexperienced retail that followed the narrative tends to sell in panic.
And at that time, the structure resets. Because these same guys will think, "it’ll go back to 62k, so I’ll sell to buy back below."
They never get the perfect entry—they sell at the bottom, then come back buying for a higher price.
It’s rare, but it happens a lot. Pay attention!
This pattern of reduced local profitability among short-term participants usually marks an exhaustion point in the microstructure.
That’s why, over the past few days, I’ve been talking about caution regarding FOMO.
Many "analysts" who left their followers with +40% gains have started capitulating, saying they "were wrong."
Retail that follows narratives and news probably boosted this last push higher quite a bit.
Possibly entering late into the trend and buying the move already at exhaustion.
It wouldn’t be surprising to see Bitcoin weaken for a few days/weeks, even though it could still give one last gasp in the short term.
It’s generally in this kind of weakness that inexperienced retail that followed the narrative tends to sell in panic.
And at that time, the structure resets. Because these same guys will think, "it’ll go back to 62k, so I’ll sell to buy back below."
They never get the perfect entry—they sell at the bottom, then come back buying for a higher price.
It’s rare, but it happens a lot. Pay attention!
