Total delta 1.5b+1.92b...
This is a signal for the reversal of the funding sentiment trend that I have been talking about before..
It's best not to be empty today; it's hard to touch where the reversal point of this wave is...
I'm outside right now, let's talk more later when I have time..

Is this gap not going to be filled? 😅 It's the third time in a row that there's just a gap left to cross over...
Are you really not going to make up for it?

#BTC Observations before the US stock market opens..
Overall, the rebound sentiment yesterday was quite strong, although it did not create a rapid V-shaped recovery..
However, yesterday, the total long delta reached 1.5b in just a few hours, which is the highest value of total long delta for the entire network's spot and contract aggregation in the last 5 hours since October 11. (Previously, the highest rebound was only around 1~1.2b, with an occasional 1.4b.)
What is different this time is that after this wave of rebound to 1.5b, the price did not fall back, but instead went sideways. In

The reason for MicroStrategy's stock price big dump last week has been found: was it caused by the boss himself?
How much will BTC fall before MicroStrategy truly collapses? Not 70,000, but 10,000? What is the likelihood of them selling coins in the near future? How will they maintain their cash flow in the future?
Deep dive into where the death spiral trigger line of MSTR really is!
In the past two days, discussions have increased regarding whether MicroStrategy @Strategy will experience a big dump in the future and whether it will trigger a spiral risk.
Yesterday, MicroStrategy announced

#BTC long positions 1.5b's delta has been completed..... The rebound strength is very limited.
(There should be significant passive selling pressure, so the price has not rebounded much)
According to Delta, this rebound is just like this..
After all, since 10.11, long positions have hardly made a single wave exceeding 1.5b...

Today, the key focus for #BTC is still the 1-2 hours after the opening of the US stock market...
See if there is a chance to break 85k and accelerate into the 82~83k demand zone to hit the previous low sfp...
Look up to 87~88k (a small amount of long positions trapped) whether it can go through.. (Figure two)

Currently, the #BTC below 85k is still a very heavy negative gamma zone... We are only looking at three options with relatively large holdings (the giants on the 5th, 12th, and 26th)
This means that if the price falls below here and does not recover quickly, the options party will need to hedge, increasing volatility (accelerated decline).. The integration GEX of kingfisher has the same conclusion, with negative gamma below ( accelerating volatility) and positive gamma above (suppressing volatility, which means that when it rebounds, there will be damping, making it not so easy to bounce back)

#BTC Spot and contract currently have a bull divergence.. There is passive buying pressure to absorb the selling pressure..

If there is no quick rebound here and it moves sideways instead... Is this the worst-case scenario?

Total delta is -2b

The VWAP that came up on Wednesday and the VWAP that came down from Friday's high temporarily defined the range for the weekend... Do we have to wait until midnight on Sunday?
#BTC

#ETH 50,000 ETH at around 3000
The contract sell orders suppressed the price all night... The bulls tried to take a bite but only consumed 5000, realizing it wasn’t spoofing..
Then continue to be suppressed...