LEVERAGE ABOUT TO FLUSH? I’M READY.

I’m looking at the on-chain health this morning, and the signal is flashing yellow.

Unrealized losses across the ecosystem just hit ~$350 Billion.

Bitcoin alone accounts for ~$85 Billion of that pain.

When you see this much underwater capital combined with shrinking liquidity, you are entering a super High-Volatility Regime. The market is fragile.

It doesn't take much sell pressure to trigger a cascade of liquidations when $350B is already feeling the heat.

The tourists are going to panic at the volatility. The leverage traders are going to get wrecked. But for the spot buyers? This is the "max pain" flush we need to reset the funding rates and clear the deck for the next leg up.

I’m not selling. I'm not saying it WILL happen. I’ve always got my bids set lower. Volatility is the price you pay for the only asset class that actually matters.

Let it flush. Then we buy the blood.

Either way nothing changes long term.