AriaNaka

Waiting for Buyers
$BTC has broken below $60K as loss realization, ETF outflows, and defensive options positioning continue to weigh on sentiment. Despite some selective accumulation, broad demand remains absent.

The $BTC CVD indicator remains quiet. While there is some buying pressure following the decline, there are no significant movements.
Whales' net buying volume has remained at a consistent level since the 19th.
Furthermore, there are still no large sell walls. However, whales could create significant volatility at any time if they so desire.

The price of $XRP remains the same as on the 11th.
However, OI and Net Position Delta are increasing slightly.
While the price is crawling across the bottom, upside potential is gradually increasing. Someone is quietly increasing their long positions.

BREAKING: Oil has officially fallen below $72 for the first time in 112 days.
Crude is now down -40% from its march peak and sitting just $4 above pre war levels.

$BTC 30-Day Liquidation Map
HUGE IMBALANCE!
There's almost as much liquidation in the 59-62k range, as there is in the 63-72k range.

WHALE WATCH: Bitcoin DeFi is coming to $SUI
Hashis global testnet launches in July backed by institutional heavyweights Cumberland Fluid & SwissBorg.
Massive $BTC liquidity unlock incoming.
Are you positioned ?

$BTC appearant demand is gradually increasing.
It also formed a golden cross with the 30-SMA line.
It is slowly improving from the lowest value. Although it is still in negative value, its negarive value is decreasing.
The real uptrend will begin when positive demand emerges.

$BTC That looks like a more suitable point 1 for the bear market.
A move to the cycle bottom mark on the Aroon Oscillator, in the same month as all other point 1's (June).
One more move to cycle bottom levels should make point 2.

$BTC Now it's still unclear what Bitcoin is going to do.
We have no clear pattern so far.
The only thing we can hope is a potential bounce on 61k support level.

$BTC Bitcoin dumps -$1,500 in the last 3 HOURS and dropped below $63,000.
Over $220 Million in longs has been liquidated in the last 4 hours.

$BTC 7-Day Liquidation Heatmap
After sweeping 65.5k, the next logical step is 62k.
Think we drop, or pivot / bounce soon?

$BTC 7-Day Liquidation Map
Liquidation in both directions is split.
Could honestly go either way.

$BTC Are bear markets getting less severe over time? Percentage-wise, yes, that's been the trend.
86%, 84%, 77%.
Data-wise, no. Unlike cycle tops which show a clear diminishing across nearly all data, cycle bottoms have been very consistent.
Logarithmic MVRV is not at cycle bottom levels. The very accurate and more conservative cycle bottom target of the Realized Market Cap MA, 42.5k, has not been reached.
A move there would be a 66% drop which is still over 10% less than last cycle's bear market.
And again, more aggressive cycle bottom targets like the magic band's low 30k's are not off the

$BTC Order Books
Spot OBs are still heavy at 62k
Perps heavy at 63.2k.
If 64k doesn't hold, these 2 ranges are likely to get hit next.

The $BTC CVD indicator shows a selling trend.
Net selling continues. Only the purple whales are quietly increasing their buying.
Although the size of the selling wall blocking the rise is very small, the whales are not moving.
It is a situation where they could create a significant rise if they wanted to. However, the whales have no intention of moving yet.

$BTC | Update (1W)
If we observe the overall weekly structure, we can notice how the first weekly candle of this month gave us a decent dump to the downside, which ended up sweeping the previous local low.
After the sweep of the previous low, we saw a retest back towards the upside in the following week, where we rejected the previous weekly body lows.
Following that rejection, the last weekly candle retraced the entire bullish retest candle and closed below its open.
Now, the current weekly candle opened and pushed straight towards the upside, taking out the weekend highs and grabbing the li

$BTC Short Liquidation Delta
SLD is dropping, suggesting bulls are regaining control.
If 65k is reclaimed, we may see a strong push higher.
Are you long or short RN?

The $BTC Supply in Loss has reached an all-time high level.
During the recent decline, the supply in loss reached the highs seen in 2019 and 2022.
With this decline, $BTC investors are experiencing their highest losses in history.

$BTC Whales Games
Here's a look at all the 5m+ perp limit orders.
Majority of these showing up after that pullback to ~63k.
Getting spicy!
Anyone trading this?