Wuji

Calm in a loud market. Daily $BTC levels, US macro & market structure. I post the call, then I grade it. NFA

[Wuji @WujiBTC]

I'm Wuji.

Every US trading day: $BTC levels, macro events and what the market is actually doing.

I post the call, then I grade it. Wins and misses.

Calm in a loud market. Follow along.

[Wuji @WujiBTC]

Spot $BTC ETFs took in ~$1.08B Monday to Wednesday. Price is back under $82K anyway

Who's selling into all that?

[Wuji @WujiBTC]

@lookonchain Makes sense. Tagged ~$84.8K yesterday and was under $82K by morning, that's a lot of late longs getting cleaned up in a few hours

[Wuji @WujiBTC]

@lookonchain And $ETH is down more than $BTC on the day anyway, -2.6% vs -2.1%. 11 days into that rotation and it's not paying yet

[Wuji @WujiBTC]

@rektcapital Saw it live too. Pushed to ~$84.8K, couldn't close above, back under $82K by morning. Watching $81K now, lose that and the retest probably goes deeper

[Wuji @WujiBTC]

Got the $84K retest I wanted yesterday. Then it gave the whole move back overnight lol

$BTC is under $82K again. Get back over it today and it's still a range. Can't do it and that pop was just a squeeze, like I said last night

[Wuji @WujiBTC]

two red days and the timeline's full of bears. one green day and suddenly everybody saw it coming

[Wuji @WujiBTC]

Big tech earnings after the bell tonight and no Fed to lean on until next week

If $BTC holds $82K through that I'm leaning higher. If it doesn't, yesterday's move was just a squeeze

[Wuji @WujiBTC]

Spot $BTC ETFs took in only ~$23M on Tuesday, after ~$527M Monday

Big inflow day was red, tiny inflow day was green. Make it make sense

[Wuji @WujiBTC]

@Laxmanfi If it's coming it probably goes through $84K first lol. Hasn't been above it all week

[Wuji @WujiBTC]

@DaanCrypto Yeah $84K is the one. Hasn't been above it in a week so there's probably a lot of stops sitting right over it. Want $82K to hold on any pullback first

[Wuji @WujiBTC]

@TedPillows Makes sense with how $84K capped it all week. Hasn't traded above it since the 14th. I'd want to see $82K hold on the first rejection before getting excited

[Wuji @WujiBTC]

Said I'd take it back if $BTC closed over $82K. It did. Consider it taken back

Now it's about $84K. Hasn't traded above it in a week. Hold $82K and I think it gets another go at it

[Wuji @WujiBTC]

the range has been going on so long I've started naming the candles

[Wuji @WujiBTC]

Fed's in blackout until the Oct 28 meeting so nobody's around to move this

$BTC is on its own. Back over $82K by the close and I'll take back what I said this morning

[Wuji @WujiBTC]

@LP_NXT Bids below are nice but Monday had ~$527M of ETF inflows and price still slipped under $82K. I’d want to see spot buying actually show up in price

[Wuji @WujiBTC]

@DaanCrypto Lines up with yesterday too. $83K got tagged twice overnight and sold both times. Probably needs a proper short squeeze to get through, not just a drift up

[Wuji @WujiBTC]

@DaanCrypto Yeah and $83K keeps rejecting it. Got sold twice yesterday alone. I’d want a 4h close back over $82K before I trust a bounce here

[Wuji @WujiBTC]

Spot $BTC ETFs took in ~$527M on Monday. Biggest day since Sept 22

Asked for green flows this week and got them day one. Price still couldn't hold $82K though

Bullish or worrying?

[Wuji @WujiBTC]

Said yesterday $82K had to hold. It didn't, so that Sunday breakout was a wick imo

$BTC back near the weekend floor at $80.8K. That's the level today. Hold it and it's still just a range

[Wuji @WujiBTC]

nobody wants to buy the range low. everybody wants to buy the breakout

same coin, few hundred bucks apart, completely different feelings