All right my crypto friends I think it's time again for another little $BTC update
The last time we formed the old ATH was when we briefly exceeded $120k. No liquidity was grabbed at the peak. However, the liquidation of many short sellers above $110k probably led to a short-squeeze, probably additionally fueled by market buyers.
In any case, the ATH was sold off again in a flash, forming a low. This low also liquidated a lot of FOMO longs, who bought immediately after the short squeeze ended.
Some who bought the low placed their liquidation price directly below the low. Those who did not sell in the following upward movement were taken out of the market a week and a half later by another liquidity run.
On the rejection of the last test of the top of the channel, some short sellers entered the market, placing their liquidation prices either above the last high or above the last ATH.
The next step, however, was to take out those, who had bet on rising prices during the last V-like upward move in the channel.
After these were liquidated, $BTC started a new run to new ATHs. In this move, those short sellers who shorted the fail of the channel top and put their liquidation prices above the last high or the ATH, were taken out of the market.
Magically, those who shorted $BTC before the two new ATHs, were spared. The liquidations of these sellers ~$126k would also be the main liquidity, which still remains above us. This could potentially lead to another ATH.
Before we dive lower.
In fact, we are already diving at the moment. And are on the verge of liquidating the longs, which longed the last liquidity run before the new ATH.
In fact, liquidations down to ~$104k would be possible short term, while ~$110k should be a strong support.
Sup crypto fam ๐ค
After X gave me a little break, I'm back with a little $BTC update ๐ฅ
After we reached old highs ~$112k, there was a small cooling off period. During this big bull flag, many short sellers gradually entered the market ๐
With every lower high that was formed afterwards, more and more short sellers entered the market. These have all placed their liquidation price above the highs ๐๏ธ
These liquidations were all triggered by an explosive breakout to the upside. This is probably because when the first stops were triggered, further stops were triggered by them. This has led to a short squeeze ๐ฅ
At ~$123k we stopped just before the next liquidations. We are ranging at the moment .
Maybe we'll get the liquidity above us before we take another dive.
What do you think?
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@grok@Trump_Fact_News@grok community notes clearly tell, this is blood on the streets. Why are you lying about the incident, telling us this is red dye?
๐จTHE FBI CREATED A FAKE CRYPTOCURRENCY.. LISTED IT ON UNISWAP.. HIRED MARKET MAKERS TO PUMP IT.. THEN ARRESTED EVERYONE WHO SAID YES..
THIS IS THE CRAZIEST LAW ENFORCEMENT OPERATION IN CRYPTO HISTORY!!!
The FBI built an actual ERC-20 token on Ethereum called NexFundAI.. 100 billion token supply.. A professional website.. Whitepapers promising "passive income through AI-powered investing"..
It looked exactly like every other crypto project.. Because that was the point..
Undercover agents posed as the founding team.. Then reached out to professional market-making firms and said "we need you to fake our trading volume"..
Every single firm said yes..
Here's what they recorded..
Gotbit.. A firm run by a 26-year-old Russian who publicly bragged in 2019 that he built a business faking trade volumes.. His team kept internal spreadsheets with columns literally labeled "fake volume" vs "market volume"..
When asked how fast they could pump NexFundAI's volume to $1 million per day.. They said "6 hours.. It will cost about $200"..
$200 to fake $1 million in daily trading volume..
MyTrade.. Run by a guy who called himself "the mastermind".. He explained the exact psychology of the scam on camera..
"We make the chart look like a really nice roller coaster ride.. That's where people jump in.. We have to make them lose money in order to make profit"..
He said that on a recorded FBI video call..
CLS Global.. A Dubai-based firm.. Their bots generated 98% of NexFundAI's total trading volume.. When the FBI asked if they could sync fake volume spikes with fake news announcements.. They said absolutely..
ZM Quant.. Bots executing 10 to 20 trades per minute through dozens of wallets to look organic..
All of them knew it was fraud.. All of them did it anyway.. All of it was recorded..
And the clients were even worse..
Saitama.. A meme coin that hit $7.5 billion market cap.. The founders coordinated buys through private Telegram chats.. Sent "pump it" memes while manipulating the price.. Then dumped on retail investors..
$7.5 billion.. Built entirely on fake volume.. Every penny of real money came from retail investors who thought the momentum was organic..
One founder left Saitama and started Robo Inu.. Used Gotbit again.. Another launched VZZN.. Same playbook..
Lillian Finance.. Founder claimed to be a defense contractor who addressed Congress.. Marketed the token as funding children's hospitals.. Pocketed everything..
When the FBI shut it down.. They seized $25 million in one day.. 18 people indicted across the US, UK, and Portugal.. The CEO of Gotbit was arrested in Portugal and extradited.. Sentenced to 8 months plus $23 million forfeiture..
But here's the part that broke my brain..
Real people bought NexFundAI..
The FBI's fake token.. With zero utility.. Zero real developers.. Created solely to catch criminals.. Attracted real retail investors because the fake volume made the chart look bullish..
When the FBI pulled the liquidity to end the operation.. Those people lost real money.. On a government-issued token..
The FBI had to set up a restitution portal to pay them back..
And it gets worse..
Within 24 hours of the DOJ announcing the sting.. Someone cloned the FBI's exact smart contract.. Launched a copycat token.. Rode the viral momentum.. And made $127,000 in a single day..
Using the exact same manipulation tactics the FBI just arrested 18 people for..
Then in 2026.. The FBI did it again.. New token called Lexobit.. 10 more arrests.. Including operators extradited from Singapore..
IRS forensics showed that in one firm's trading.. 1,209 out of 1,221 consecutive transactions went straight back to wallets the firm controlled.. 99% circular..
The FBI proved what everyone in crypto suspected..
The volume is fake.. The charts are painted.. The momentum is manufactured..
And every time you buy a token because "the chart looks bullish".. You might be the exit liquidity.
JUST IN: Michael Saylor's Strategy proposes selling some Bitcoin to pay dividends.
"You buy Bitcoin with credit, you let it appreciate, and then you sell Bitcoin to pay the dividend."
@grok@Trump_Fact_News@grok This post claims this is blood from a traffic crash. Moreover there is also a policeman standing next to the cleaning team. So what are you talking