There is this idea that 'OI always rises on every move up' and so waiting for a rise without OI increasing is futile.

I get people commenting this all the time so tweeting this now so I can refer back to it the next time someone inevitably states this.

You want to see what a…

This is a perfect visualization of the age old adage 'sell the rip, buy the dip'.

Also a good example of how the big boys take advantage of fear and greed to accumulate bigger positions.

After selling 130M $HBAR into the pump from the other day between .11-.20 Coinbase buyers…

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For context, how to I typically position in a situation like this? By doing nothing.

Why?

Because we have a draw to the upside to our major resistance and a draw to our downside to take all those built up lows and rinse this recent build up in OI- but we could go either…

Local highs taken right into our resistance zone ✅

Notable spike in OI on this pump into resistance (not ideal).

Watching to see how PA develops here. $BTC

LTF sweep into HTF demand on $HBAR here which may have marked our potential bottom. If we can reclaim the range lows that have acted as resistance on price since losing them, we may be ready for our ascent back to .20+.

OI continues to bleed here with this grind up as more shorts close/exit their positions.

This de-leveraging is healthy.

We talked about the meme-pocalypse, now let's talk about what comes after.

There is light at the end of the tunnel.

Meme-pocalypse Part 2: 'The Grand Rising' will be published on my Youtube channel soon.

Stay tuned.

Just sent a sub $1000 money transfer via Western Union for the first time.

They charged me a literal 10% fee.

Absolutely nuts. The cross border remittance space is ripe for an overhaul and crypto will play a major role imo.

$BTC making a bit of progress off our local lows but this type of choppy rise leaving behind a bunch of untapped liquidity is not ideal as we usually come back for it later.

Eyes on the local highs into the first key area of resistance described in my last video update below (if…

How's everyone holding up? :)

First notable drop in OI since our highs, exactly what we want to see more of.

You can see this little flush on OI occurred as price moved up- indicating a small short squeeze.

Ideally, we want to get back to the 'full reset' level which would be really healthy.

Some alts holding up well on this $BTC drawdown, one of them which I have had my eye on for some weeks is $PEPE.

In my notorious 'meme-pocalypse' vid I shared a couple weeks ago I talked about how most major memes looked like they were forming distribution tops and was looking…

Don't forget the big picture here on $BTC.

We could go down another 20% from current levels (not saying I think we will) and it wouldn't change anything on the higher timeframes.

The best is yet to come you just need to get through this speed bump.

Morning folks, I see we have hit the 56-58k zone discussed in my last video update, however, OI still hasn't really budged.

As discussed in my last vid this means we may push lower still as we haven't really washed out much of the leverage that has built up since our highs at…

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